Dubai and Abu Dhabi are most prominent places in UAE for foreign investors and visitors. Most of the foreign entrepreneurs and investors seek business and residing opportunities in these two emirates (especially Dubai) whenever they want to start a venture in UAE. These two emirates also provide important incentives for foreign investors. But one thing…
UAE has always welcomed expat population for business, employment and residence. It is the reason that several big cities in this Gulf country have a sizable expat population and it is continuously increasing. Dubai is an example where more than 85% of population is comprised of expats. Abu Dhabi and Sharjah are other important cities…
UAE is popularly known for its economic prosperity, caring government and availability of social wellbeing in the whole Middle East. The rulers of UAE are always ready to introduce new laws and take actions that would benefits their country, its citizens and millions of foreigners residing here. Efforts and performance of UAE for improving economic…
Negative impacts of 2014 oil crisis were seen in all the oil-based economies especially those located in the Middle East. This situation forced these affected countries to think something out of the box and take few special measures according to the gravity of this alarming situation. UAE was on the top of this initiative as…
Everyone is aware about the diligence, forward looking and sincerity of rulers of UAE for prosperity of their citizens and foreign workers and growth of economic activities in the country. For this purpose, the government of Dubai and its various departments measure the performance of various sectors and make changes according to situation. We have…
The government of UAE is evaluating effects of VAT (value added tax) on various sectors and industries since implementation of this tax from January 01, 2018. The progress report of different sectors show mixed results. Few sectors suffer badly after implementation of VAT while others attained steady growth. The government also takes action to reduce…