Free zones in Dubai are encompassing all types of businesses. Dubai has not only highest number of free zones in UAE but several of these free zones are designed for growth of a specific industry. One such free zone is Dubai Media City (DMC) that is designated for media industry. But DMC is not along…
An important aspect of latest UAE’s economic strategy is growth of non-oil sector. This includes flourishing all types of business activities and providing facilities to different trades and companies. One such sector that is now gaining more attention in UAE and Dubai is the textile sector. UAE itself has a large textile sector and it…
Dubai has a view to support all types of industries in order to make this emirate the hub of combination of businesses. This emirate adopted this strategy quite some time ago and it is moving forward with the same aim despite its focus on knowledge-based economy. There are still several areas that provide exclusive facilities…
An important feature that makes Dubai one of the most ideal places for businesses is the presence of large number of free zones in the emirate. Most of these free zones cater requirements for specific types of sectors or industries in order to provide facilities to companies in various fields. Dubai has always been a…
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…