UAE Allows VAT Refund For Tourists

UAE Allows VAT Refund For Tourists

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…

UAE Retains 1st Spot In Arab World For Innovation

UAE Retains 1st Spot In Arab World For Innovation

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…

UAE Tops M.E. In Attracting Talent

UAE Tops M.E. In Attracting Talent

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…

UAE Becomes More Affordable For Expats Despite VAT

UAE Becomes More Affordable For Expats Despite VAT

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 Most Reputable Country In MENA

UAE Most Reputable Country In MENA

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…

UAE Economy To Grow Steadily In Next 5 Years

UAE Economy To Grow Steadily In Next 5 Years

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…