Since the inception of new economic policy after 2014 oil crisis, UAE is continuously trying to provide facility for various sectors for permanent stability and growth of its economy. One of the most important sectors for UAE is tourism that was flourishing in UAE (especially in Dubai) even long before oil crisis. It is mainly…
The importance of tourism is undeniable for economy of UAE. It is one of the most important revenue-generating sectors in several emirates of UAE especially Dubai and Abu Dhabi. These and other emirates have made special structures, entertainment places to attract tourists from various parts of world. Along with that, best medical and educational facilities…
Since past several years, UAE has been on the surge for new discoveries and innovations on scientific, educational and business affairs. It is due to adoption of knowledge-based economy where more facilities are provided to professionals and talented persons in various fields. They are also allowing positive changes to make things easier for businesses. This…
The government of UAE has always tried to provide some additional advantage to companies present in free zones as compared to the businesses in UAE mainland. Through these additional benefits, UAE is trying to compensate for limitations of these free zones and attract more and more companies towards them. It is helpful in creating balance…
Several reports and statistics are confirming positive effects of UAE’s firm stance on growth of non-oil private sector. UAE has taken several steps to bolster this area in order to minimize its reliance on oil sector, especially after oil crisis 2014. For this purpose, UAE is trying to provide incentives and facilities to several other…
UAE is advancing rapidly towards altering its economic direction from moving towards knowledge-based economy instead of previous oil-based one. For this purpose, the government has taken several important steps in recent past. One really important step was providing 10 year residence visa for professionals and talented individuals of various scientific fields. Now, these measures have…