Before gaining the status of modern city in the latter half of 20th century, Dubai was known as a port and coastal city that was mainly dependent on maritime trade for its economic activities. But since the independence of UAE in 1971, Dubai has emerged as a hub of business and tourism in the whole…
Dubai is best known for adopting measures to facilitate different types of businesses. It is the reason behind growth of non-oil sector in this emirate even though is part of a country primarily dependent on oil sector. But another quality of rulers of Dubai (and UAE) is their struggle for betterment of human cause. Most…
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…
It is usually considered that best place for media-related companies is countries with democratically elected governments. But the latest advancement in UAE media industry proves that this absolute monarchy state provides more facilities to media industry then many democratic regimes. One such facility is the presence of free zones in various emirates exclusively for media…
We have already discussed that Dubai is taking important steps to ensure growth of automotive sector in the emirate and UAE. Dubai Auto Zone (DAZ) is an example where companies related to auto industry are given full support for growth and prosperity. But the government of Dubai isn’t solely relying on a single free zone…
Dubai’s love for free zones is quite evident from the fact that it hosts 30 out of total 45 free zones in UAE. Few of these free zones are of general type that are open for all types of businesses while others are established to facilitate specific type of business activity. Such free zones provide…