The new economic strategy of UAE is based on knowledge, education and modern technology. It is the main factor that dominates the policy of the government of UAE for economic growth. In contrast to most of the other regimes in the world, the government of UAE is known for taking rapid and solid steps for…
There is a surge in facilitating different industries and trades in UAE since 2014. It is primarily as an effort to reduce the burden of economy on unreliable oil sector and expansion and diversification of economy by including different other sectors for economic growth. The UAE as a country is facing this oil-related problem just…
Several months have passed since the implementation of VAT (value added tax) that was aimed to drive the economy of UAE towards diversification. In order to gain maximum benefit and equally put the burden on all sectors, the tax was applied on wider scale on most of the products and services and very few sectors…
UAE is moving forward rapidly in transformation of its economy where more importance is given to sectors based on education and knowledge. Dubai is the pioneer of this new strategy. Several small and large steps have been taken for this purpose especially by the government of Dubai. One special step in this regard is the…
The business opportunities in all the emirates of UAE are thriving as the country is shifting its priority to non-oil sectors especially businesses. It is the reason that several big and small corporations are continuously expanding their businesses in UAE. Although all types of businesses have opportunities in the country, but not all businesses have…
Since the arrival of oil crisis in 2014, UAE is continuously in effort to increase the level of non-oil sector in order to reduce its reliance on the unreliable future of oil and gas sector. Dubai remained a pioneer in this procedure as the emirate was already focusing on sectors like business and tourism due…
