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’s love for free zones is quite evident from the fact that it hosts 30 out of total 45 free zones in UAE. Few of these free zones are of general type that are open for all types of businesses while others are established to facilitate specific type of business activity. Such free zones provide…
UAE is trying its best to minimize its reliance on oil & gas sector which is becoming more and more unpredictable with the passage of time. It is the reason that government is passing new laws continuously in order to assist the growth of other sectors. Even before the oil crisis of 2014, business was…
Earlier this year, Dubai’s Crown Prince Sheikh Hamdan bin Mohammad launched 26 projects by 24 government entities of Dubai as part of “Dubai 10X”, aimed to make Dubai the hub of innovation. Under this initiative, DAFZA (Dubai Airport Free Zone Authority) has now announced its plans to start two of these projects, Dubai Blink and…
The idea of a knowledge-based economy mainly emerged in UAE after the oil crisis in 2014. But it is not a new concept as far as the emirate of Dubai is concerned. The most modern emirate of UAE was already focused on building a foundation of its economy on knowledge and modern technology for the…