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February 22, 2020
UAE, a draft law has been approved by the UAE Cabinet: to prompt family-owned businesses to seek stock market listings, IPO, allowing family-owned companies the opportunity to turn into public joint stock companies. The UAE Cabinet has a approved a draft law amending provisions within the nation’s Federal Law No. 18 of 1981, otherwise known
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February 20, 2020
An annual World Bank report analysis, which measures 190 economies, has revealed that the United Arab Emirates is among the top ten exhibiting the most progress toward gender equality since 2017. The report named ‘Women, Business and the Law 2020’, and the UAE has impressively improved its score by 29.4 points, attaining an overall score
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February 18, 2020
Today, Jafza is the home to 7,500 companies and customers including 100 of the Fortune 500 companies. Some facts you would love to know about one of the biggest Free Zones in UAE. All it takes is one day to get your license and get all other formalities over with at Jebel Ali Free Zone
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February 16, 2020
Dubai has named the three worst and best performing government service centres recently. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai has made the announcement on his official Twitter account. The three best performing centres are 1-Dubai Electricity and Water Authority 2-Roads and Transport Authority 3-Dubai Health Authority The worst
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February 14, 2020
The UAE Government had announced that the Hope Probe, which is the core of the Emirates Mars Mission, will be launched in July this year. It is expected to reach Red Planet in the first quarter of 2021, coinciding with the nation’s golden jubilee. The Hope Probe is a project led by an impressive team
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February 12, 2020
A recent report by the Business Registration and Licencing sector at Dubai Economy states that 38,377 new licences were issued in 2019, a record growth of 90% compared to 2018 (20,129). Meanwhile, the past year also saw a decrease in the number of licences cancelled, compared to 2018, from 5,037 to 4,949. There are number
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February 10, 2020
Data plays the key role in digital transformation, and organisations today need to understand how to leverage data at its best. What benefits data can bring to an organization and why it is so important? How is it connected to digital transformation within a company? Businesses have to live with the technology developments – as
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February 08, 2020
The National Council for Quality of Digital Life will be set up in the UAE in order to improve the quality of residents’ digital life, the Cabinet announced on Sunday. Taking to Twitter, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said the new
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February 06, 2020
Over 80% of Expo 2020’s built environment will be re-purposed into District 2020. Evolving from Expo 2020 Dubai, the District 2020 will be a mixed-use community and innovation ecosystem. District 2020’s has developed its own programme Scale2Dubai aimed to carry forward Expo 2020’s vision of gathering global minds, promoting diversity, innovation, and knowledge-sharing. Scale2Dubai offers
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February 03, 2020
UAE and China have recently started many initiatives aimed to leverage Emirates position as a key transit point for Chinese exports to African and European countries. One of the key initiatives is setting up a Traders Market in Jebel Ali Free Zone that will create the first smart free zone marketplace in the Middle East
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February 02, 2020
1. Free Zone Visa holders. UAE has more than 45 Free Zones and visa requirements differ slightly from one to another. For example, RAK and Umm Al Quwain free zones offer 2-year visas for employees and 3-year visas for investors, company owners. 2. Government and Semi-Government employees. 3. Investors, partners and business establishment owners get
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January 31, 2020
The US Department of State has announced the country will be participating in the Expo 2020 Dubai. The statement pointed out that the US pavilion is made possible by “the generosity of the Emirati government” in recognition of the strong partnership between the two countries. “This is a historic opportunity for a global audience to experience the US pavilion
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January 30, 2020
Residential property supply is set to hit an all-time high in Dubai in 2020, keeping prices and rentals under pressure this year as well and attracting more cost-conscious buyers due to higher affordability. It is believed that the decline in prices and rentals will slow down this year as 2020 will be a pivotal year
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January 29, 2020
Ten initiatives will be launched in the coming period to support the economy of the future and enabling environment that is the best of its kind in the region and globally for business and economy growth in Dubai. 1. Dubai Future Economy Fund, a Dh1 billion fund dedicated to future economy entrepreneurs in Dubai and the
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January 28, 2020
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on January 14 announced during the second Dubai Council’s meeting that a new district under the name of ‘Dubai Future District’ dedicated to the new economy will take shape in Dubai. The Dubai Future District will
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January 27, 2020
The UAE and Japan signed a crude storage agreement, which will further bolster partnerships between oil and gas firms. Japan’s Prime Minister Shinzo Abe visited Abu Dhabi, where he met His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at the Presidential
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January 24, 2020
Many people still associate artificial intelligence (AI) with science fiction, but AI develops fast and becomes more commonplace in our daily and business lives. In business, artificial intelligence has a wide range of uses. In fact, most of us interact with artificial intelligence in some form or another on a daily basis. While some people are afraid
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January 22, 2020
Dubai’s mesmerizing Burj Khalifa, one of the tallest building of the world, astonishes billions of people daily, and for the New Year’s eve it was the peak of visitors for one of the best shows across the world. With the breathtaking pyrotechnic show specifically designed for such occasion, the world’s tallest building marked the start
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January 20, 2020
Previous year was one of the most fruitful in terms of many positive changes made by the UAE Government to create favorable investment climate for businesses and attract capital into the country. The new rules and regulations introduced were to increase the easiness of doing business in the UAE. The new regulations are effective and
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January 17, 2020
According to the UAE Ministry of Economy, SME sector represents more than 98 per cent of the total number of companies operating in the UAE. In 2019, SMEs have contributed 52% of the non-oil GDP and the target of 60% was set towards contribution of SMEs by 2021 to non-oil sector of economy. The government
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January 15, 2020
Dubai has been touristic destination for many decades, but over a few years, it took leading positions as one of the top business destinations attracting investors from most prosperous countries of the world.
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December 17, 2019
A business trade license is a mandatory requirement for every business entity to run their operation in the UAE. If you want to start your business in Dubai, then you should first consider all the licensing procedures and governmental permits.
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December 08, 2019
If you’ve not heard of online shopping, then you’re living in a cave. With global e-commerce giants like eBay, Alibaba, and Amazon online shopping has become a new way of conducting business. Many new businesses just open their stores on the internet rather than physically. On this note, it becomes important to mention that the
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November 22, 2019
Working in a rigid cooperate environment known in the UAE can be tasking for just about any employee. From the structure to company policies, to the system of operations, and controlled working environment, there are just so many hoops for anybody working in the UAE to abide with. This means self-expression and optimal productivity are
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November 17, 2019
Dubai Media City is located and operated under the jurisdiction of Dubai Technology and Media Free Zone (DTMFZ) and is the member of TECOM Investments. It was established in the year 2001 and is now a primary base for all the global operations of the worldwide media giants like Forbes, CNN, Sony, Reuters etc. This
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November 11, 2019
No matter the size of the business, or nature of the business, one aspect that all businesses cringe for is HIRING new employees. Hiring is a business perquisite that is ever so essential, and even more so for startups as it can work for or against any business startup before it even takes off from
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October 29, 2019
There are many complexities while moving to another country. In terms of visa, education, accommodation and more. One of the most important amongst these is residency.
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October 22, 2019
If you’re wishing to setup a business in Dubai then you should have a trade license issued by the Department of Economic authority. Without a valid trade license, it is illegal to setup a business in Dubai and above all this, you will receive a heavy penalty.
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October 10, 2019
Investors play a significant amount of role when you’re running a business organization. National, Multi-national or even start-ups need some sort of investment to stand as a separate legal entity.
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September 24, 2019
The UAE officials have launched a new smart service system for the future called E-Channel, for residency and naturalization services. Launched under the radar of ‘Smart Services with Future’ it is a part of the UAE 2021 vision of technology.
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