The UAE joins the top five most competitive economy in the world

The UAE government’s efforts to ensure the country’s economic standing is among the world’s top performing economy is paying off year-on-year as it gained the first rating in 20 sub-indices and the second in nine positions, from the IMD World Annual Competitiveness Report 2019 given on Tuesday. The Switzerland-based think tank released its annual report […]

UAE approved new advanced skills strategy

The UAE cabinet approves a new strategy for the advanced skills national programme

The UAE Cabinet has approved plans for a new advanced skills strategy, focused at maintaining the country’s “competitive edge”. The Strategy for the Advanced Skills National Programme is being launched to ensure the UAE remains at the top of global advancements in key areas such as education and the economy. Sheikh Mohammed bin Rashid, Vice […]

Indians top Dubai's gold sector
Dubai Investing

Indian citizens lead the top ten investors in Dubai’s gold sector

The Business Registration and Licensing, BRL, Sector of the Department of Economic Development, DED, reported that there are 4,085 companies operate in Dubai’s gold business sector. The report highlighted the distribution of companies according to sub-regions, with the leading sub-regions, which are Al Dhagaya, Al Ras, Ayal Nasir, Burj Khalifa, Warqa Al Bateen, Al Muraqqabat, Port Said, Al Rigga, Trade Centre 1 and Al […]

UAE Golden Card and its impact to the business sector
Business Investing UAE

What business leaders have to say with the new UAE golden card visa scheme

The UAE’s new permanent residency system will encourage more entrepreneurs and business owners to invest in the country, experts said. The ‘golden card’ initiative, launched by Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai, has been met with unanimous approval by senior business leaders already operating in the Emirates. Experts have […]

UAE Free zones and their benefits
Company formation & Licensing Free Zones UAE

The UAE free zones – the best place to start your business

UAE free zones started in the 1980s in Dubai. It aimed to prove to the government that the influx of foreign investors into the country is possible if you offer them good business conditions. Few are positive in this experiment because at that time there were already enough offshore jurisdictions that offered businessmen from around […]

Golden Card boosts UAE property market
Dubai Investing UAE

Golden card initiative boosts long-term stability for the UAE property market

Golden Card, the new permanent residency system launched by the government will increase long-term investment in the UAE’s property sector, experts and property developers said. The founder and chairman of Sobha Realty, PNC Menon said: “Such inspirational initiatives will go a long way in creating sustainable communities, enhanced cultural and social identity and preparing capable […]