Several reports and statistics are confirming positive effects of UAE’s firm stance on growth of non-oil private sector. UAE has taken several steps to bolster this area in order to minimize its reliance on oil sector, especially after oil crisis 2014. For this purpose, UAE is trying to provide incentives and facilities to several other…
It is usually considered that best place for media-related companies is countries with democratically elected governments. But the latest advancement in UAE media industry proves that this absolute monarchy state provides more facilities to media industry then many democratic regimes. One such facility is the presence of free zones in various emirates exclusively for media…
We have already discussed that Dubai is taking important steps to ensure growth of automotive sector in the emirate and UAE. Dubai Auto Zone (DAZ) is an example where companies related to auto industry are given full support for growth and prosperity. But the government of Dubai isn’t solely relying on a single free zone…
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…
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…
