Dubai is a hot place for all types of businesses and professions. According to the latest policy adopted by UAE in general and Dubai in specific, special privileges are provided to professionals of foreign countries. In order to implement the newly adopted knowledge-based economy, investors and professionals of various scientific fields are provided 10 year…
Tourism is one of the most profitable and reliable sectors for economy of Dubai. Every year, millions of tourists arrive in Dubai that contributes huge amount of capital in the economy of Dubai and UAE. But there is no single reason that attracts tourists on such large scale to Dubai. These tourists arrive here to…
In order to promote foreign investment in UAE mainland, UAE recently introduced several reforms. One such important step is allowing 100% company share to foreign entrepreneur. Previously, they were only allowed maximum 49% shares in businesses in UAE while 100% shares for foreigners were only allowed in various free zones. This was an important reason…
Before emerging as one of the world’s best business and tourist attracting city, Dubai was mainly relying for its economy on benefits it was taking as a coastal city. Soon after independence in 1971, the emirate soon shifted its priorities as it wasn’t enjoying vast deposits of oil and gas that were available to other…
After 2014 oil crisis, UAE decided to change its priorities from oil-based economy to knowledge-based economy in order to laid foundation of its economy on firm basis. But Dubai is far different form rest of UAE as it was already relying on business and tourism for its economy. Its efforts to improve its economic condition…
Before gaining the status of modern city in the latter half of 20th century, Dubai was known as a port and coastal city that was mainly dependent on maritime trade for its economic activities. But since the independence of UAE in 1971, Dubai has emerged as a hub of business and tourism in the whole…