Cryptocurrency took the world by storm when people started making millions of dollars in profit. The initial concept was first introduced in 1985 by an American cryptographer David Chaum. Latest reports confirm that Dubai has agreed to build world’s largest ecosystem for cryptocurrencies and distributed ledger technologies. The reports further claim: …the DMCC Crypto Valley…
Dubai remains as one of the most famous places for tourism. The Dubai’s tourism industry reached an all-time high in 2019 and recorded 16.73 million international visitors. This was an increase of 5.1 percent in tourism volume, surpassing the prediction made by the United Nations World Tourism Organisation (UNWTO) in regards to growth forecast of…
UAE and Luxembourg are looking to benefit by expanding their cooperation in several sectors of mutual interest, according to officials present at the UAE-Luxembourg Business Forum. According to latest information, both parties are keen on collaborating in the following fields: industrial, ICT, healthcare technologies, finance, Islamic banking, and space sectors. The forum was held at…
The growing effect of e-commerce has been facilitated by people becoming more prone to using the internet all around the world, the availability of internet and gadgets everywhere, and the continuous development in internet tools and courier services. Online shopping, or the e-commerce segments, are replacing the traditional shopping culture, which was strolling in stores.…
The United Arab Emirates has been making an untiring effort to make support, as well as promote small to medium-sized businesses as it is believed that these businesses a lot bring a lot of innovation and employment in the region. In a recent survey named ‘Entrepreneurship in the Middle East and North Africa 2017’, has…
There are limited numbers of free zones present in most of the emirates in UAE except Dubai. But now, most of these other emirates of UAE are also giving importance to free zones. For this purpose, they are not only increasing the number but also the quality of these free zones. An example in this…