The retail sales in the United Arab Emirates are expected to make a recovery and grow by 13% to reach $58 billion by the end of 2021, an analysis from Dubai Chamber of Commerce and Industry has projected. The COVID-19 pandemic disrupted a lot of the business in the UAE as well as across the…
The food and beverage industry in the United Arab Emirates is massive, and it is only projected to expand. According to recent estimates, the industry is worth about AED 142 billion, with development expected to reach AED 145 billion by the end of 2021. Year after year, an increasing number of restaurants and fast-food franchises…
Any entrepreneur looking to set up a company in the UAE should think about doing so in one of the country’s several free zones. There are numerous attractive free zones located in the Emirates, each of which provides a wide variety of advantages to entrepreneurs from all over the globe. One of the most appealing…
A Certificate of Origin (CO) is often required by the importing country when engaging in foreign trade as an exporter. The Certificate of Origin shall certify and declare the countries involved in the production or manufacturing process of the products included in the export delivery. Importing countries rely on Certificates of Origin to determine the…
According to a report by an Arabian media group, the United Arab Emirates is set to amend its laws regulating citizenship to enable ex-pats to obtain Emirati nationality as long as they follow certain requirements. The UAE government acknowledged the change to the legislation on citizenship. Two other changes to the Citizenship Act of the…
HH Sheikh Mohammed Bin Rashid Al Maktoum founded Dubai Healthcare City (DHCC) in 2002 to provide an atmosphere in which top medical, pharmaceutical and other healthcare-related companies could conduct their activities in a free zone and have 100% ownership of ex-pats. DHCC is a free zone for health and wellbeing, one of a kind, which…