Dubai Free Zones Council announces economic stimulus package
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Dubai Free Zones Council announces a new stimulus package to support the country’s economic system

Under the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman […]

UAE leaders plan strategic investment to support businesses amid coronavirus
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UAE leaders stimulate strategic investments to protect economic stability amid coronavirus

Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohamed Bin Zayed Al Nahyan tweeted on Monday that the UAE will continue to support businesses and protect economic stability by easing investment laws and regulations as the coronavirus spreads in the country. The existing stimulus programmes in Abu Dhabi […]

UAE fit out market experience a boost owing to expo 2020
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UAE’s Fit-out market expects booming business in 2020

The Expo 2020 Dubai preparations are motivating a lot of local and international investors to boost their operations in the UAE. The increasing options for affordable housing is making the UAE’s fit-out industry booming this year, inspiring residents to be homeowners. Business owners are very optimistic that the industry is in for a busy period […]

Dubai DED signs agreement with CBD for ease of business
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Dubai DED signs an agreement with CBD to provide easy banking services for new and renewing licenses

Dubai Economy partners with Commercial Bank of Dubai (CBD) to provide ease of banking services for investors applying for new licences or renewing their trade licenses. This strategic collaboration is another step to upgrade the quality of business registration and licensing services in Dubai and eventually enhance liquidity of licence owners through improved ease as […]

Tecom Group and Dubai SME expands partnership to support SME sector
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TECOM Group renews dynamic partnership with Dubai SME to expand support for SME sector

TECOM Group, a member of Dubai Holding, and Dubai SME, the agency of Dubai Economy mandated to boost the small and medium enterprise (SME) sector, have renewed and expanded their strategic partnership to reach a wider pool of entrepreneurs and SMEs across sectors and help them to thrive in Dubai. Through this dynamic partnership, the […]

Highlights of the MENA startup scene this November
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Here are the highlights of the MENA startup ecosystem for November 2019

As we get closer to the end of the year, let us take a look back on the changes and trends that have taken place in the startup ecosystem in the Middle East and North Africa. In MAGNiTT’s November 2019 Dashboard, it was highlighted that more than 30 deals took place in November 2019, an […]

Strategies to keep your top talents in the business
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Top three tips for founders who are looking to keep their best talent

A good team, whether big or small is still a good team. No matter how a venture capital prepares for analysis of the product, market size or traction, a good team is an essential part of making the company an inevitable one. There are many founders, business owners who are struggling in hiring their team […]

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Why do I need an advisor to set up my company in Dubai?

Dubai is one of the most attractive locations to set up a business. Companies around the globe are starting to establish their presence in this “City of Gold”. It offers great infrastructure, strong connectivity and a very competitive business environment thus making business setup daunting and complex. Watch this video to know how an advisor […]

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Common mistakes of SMEs when filing VAT in the UAE

It has been almost two years since the introduction of Value Added Tax (VAT) services in the UAE. It is one of the most complex tax systems that a number of smaller companies find difficult to cope with, thus attracting fines. Tax experts say some of the most common mistakes made by the small and […]

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DLD announces 10 principles of real estate business ethics in Dubai

Dubai Land Department (DLD) has issued a circular through its Real Estate Regulatory Agency (RERA) warning real estate companies to abide by the 10 principles of business ethics in real estate sector in the emirate. Marwan Bin Ghalita, CEO of RERA, affirmed the significant role played by DLD in regulating the real estate industry while […]