Earn extra income in Dubai with this new freelance permit
Residents can now obtain a new freelance package for an annual fee of Dh7,500 in media and education sectors with Dubai Media City (DMC) and Dubai Knowledge Park (DKP), officials announced on Tuesday. The package, called Gofreelance, was launched by TECOM Group, a member of Dubai Holding, in partnership with Dubai Creative Clusters Authority, Gulfnews […]
Dubai World Trade Centre announces up to 70% reduction on Free Zone licencing and incorporation fees
Move will increase the competitiveness of, and the ease of doing business within the DWTCA free zone, Zawya reports. The Dubai World Trade Centre (DWTC) has announced up to 70 percent reduction on licencing and incorporation fees within the DWTC Authority (DWTCA) a Free Zone (FZ) offering offshore licences for businesses, and ‘One Central’, to […]
Who stands to benefit from the UAE’s visa and investment rules?
Last month the United Arab Emirates announced it would ease restrictions on foreign busiPostness ownership and residency rights in a move to increase investment and attract fresh talent, CNN reports. The changes — expected to be implemented by the end of the year — will allow full foreign control of businesses outside of economic free […]
How Dubai became a model for free trade, openness and ambition
And now the desert emirate wants to help colonise Mars, The Economist reports Dubai has the world’s tallest building, its busiest airport by international passengers and the busiest container port between Singapore and Rotterdam. It is building the world’s largest concentrated solar power plant. It is the Arab world’s most important financial centre and, as […]
UAE marches ahead in all human development indices, says report
The Human Development Report 2018 is a comprehensive package keying together the transformation seen in the UAE. After a long hiatus of 21 years, the UAE’s second Human Development Report was launched on Monday, the 19th day of Ramadan. The United Arab Emirates University (UAEU) think tank and the United Nations Development Programme (UNDP) couldn’t […]
Cost of Living: Dubai More Economical Than Most of Its Peers
Dubai, the region’s hub for business and financial centre, is more economical than most cities in the Western world as its residents enjoy stronger purchasing power, reveals a new study released on Tuesday. Ranked 28th among the world’s top 77 cities, the emirate is less expensive than Geneva, New York, Tokyo, London, Paris, Stockholm, Luxembourg, […]
Dubai Launches 4-Year Design Plan for City
Over the next four years, Dubai government entities will come together to launch major design initiatives in various fields to improve the quality of living for residents. On Sunday, the Dubai Municipality (DM) announced that the city has become the first in the Middle East and 24th in the world to be appointed a UNESCO […]
Dubai’s inward FDI flows reach $7.4bn in 2017, government says
US, Austria, France, UK and Saudi Arabia were among the top source markets Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, and Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and chairman of the Executive Council of Dubai, launched the latest Dubai FDI Monitor report, showing that inward foreign direct investment flows […]
Sheikh Mohammed announces new job, visa rules in UAE
Insurance system to replace bank guarantee for employment, 48 hours free visa for transit travellers. The Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted a number of strategic decisions with regards to foreign workers’ insurance in the private sector, […]
African investors deploy funds in Dubai property
The dollar-pegged market offers a hedge against domestic currency volatility The Dubai real estate market has been seeing funds flowing in from Africa, mostly from retail investors, since the advent of freehold laws. However, the sector is now seeing active interest from listed African institutional investors as well. These effectively represent REIT-based structures that are […]