Businesses are expanding rapidly these days. As a consequence, free zone areas are urgently required. This is the main explanation of why the KIZAD Port Free Trade Zone was initiated by KIZAD. The Khalifa Industrial Zone Abu Dhabi is situated in the UAE capital emirate, which is not only recognized as an administrative centre but…
The pandemic of Covid-19 and the subsequent economic recession has had a significant global effect on small and medium-sized enterprises (SMEs). According to an estimation rendered by the Ministry of Economy in December 2019, SMEs are the backbone of the UAE economy, contributing around 52 percent of the country’s non-oil gross domestic product. The COVID…
The strategic location, multinational demographics & progressive economic policies in the UAE make it a prominent and attractive trade destination. Several regulations & import requirements are implemented from time to time for the importation and trade of products in the country. Importers and traders are obliged to comply with the regulatory requirements as mandated for…
It is promising to know about the latest measures the UAE is taking for the sustainable long-term development of the country and its people amid fears of a global economic slowdown. In recent months, the UAE has implemented long-term residence regulations for foreigners and high-income ex-pats, new rules for accelerating payments for small and medium-sized…
In a continuous attempt to diversify the job and investment climate of the UAE, the Economic Development Department of Abu Dhabi has confirmed the launch of a new ‘Freelancer License.’ The license would authorize 48 categories of business practices, open to UAE nationals, residents and non-residents, to be undertaken in Abu Dhabi. Overview of Freelancing…
