The Middle East GDP forecast stands at 2.5 percent, which is similar to the growth it saw from 2010 to 2019 which was 2.6 percent, despite the unprecedented decline in 2020. This growth is also down to the rollout of mass COVID-19 vaccines, which will help bring things back to normal in the second half…
The United Arab Emirates (UAE) has massively improved in its rating and is now ranked as the 13th most preferred destination to work worldwide, according to a survey that featured over 209,000 respondents from 190 different countries. The new global study revealed that UAE’s improvement in rankings is mainly down to its strong response to…
The United Arab Emirates’ inbound tourism spend is expected to cross $25.3 billion by the year 2025, according to findings of Travel Forecast Model from leading market research firm Euromonitor International. Tourism industry has been halted due to the COVID-19 pandemic but experts claim that the industry will recover in 2022. However, mass vaccinations and…
The retail sales in the United Arab Emirates are expected to make a recovery and grow by 13% to reach $58 billion by the end of 2021, an analysis from Dubai Chamber of Commerce and Industry has projected. The COVID-19 pandemic disrupted a lot of the business in the UAE as well as across the…
With the COVID-19 pandemic’s third-wave on the cards, the United Arab Emirates (UAE) cabinet has made the decision to approve a new policy. Under this new policy, termed as remote work visa, enables employees from all over the world to live and work remotely from the UAE irrespective of the fact whether the companies are existing outside…
Until further notice, the United Arab Emirates (UAE) has temporarily suspended the issuance of new visas for tourists from Pakistan and 11 other nations. On 18 November, Pakistan’s Foreign Office reported the news that the UAE authorities’ decision is assumed to be tied to the second wave of Covid-19.’ However, on already approved visas, the…