Dubai – a real paradise for doing business
International business opportunities in Dubai are attracting more and more attention from business representatives all over the world. There is no person in the modern business community who is not aware of the phenomenal economic growth of the United Arab Emirates. The norms of corporate law of the Emirates provide for a completely new level […]
UAE’s business conditions show sharpest improvement since 2017
The rate of expansion was the fastest since 2015, Khaleej Times reports. The UAE non-oil companies saw growth strengthen again in April as signs of improving market conditions drove steep expansions in new orders and business activity, says a report. According to Emirates NBD UAE Purchasing Managers’ Index (PMI) for April, business confidence hit a […]
Top Five Foreign Real Estate Investors in Dubai
In the first three quarters of 2018, a total of Dh162 billion ($44.1 billion) in property changed hands, according to the Dubai Land Department (DLD). Of this, 18.5% was bought by foreign investors, which is an extremely high figure compared to most countries, NuWire reports. Dubai has been a popular choice with foreign property investors […]
Brexit uncertainty could draw more attention to Dubai real estate market
As the UK continues to be stuck in the limbo of Brexit, the real estate market in Dubai is seeing new international investments pour in, AMEinfo reports. The Dubai Real Estate market is likely to be impacted by UK’s uncertainty to stay or exit the European Union (EU). The ambiguity of the exit plan and […]
Dubai DED issues 509 instant business licenses in Q1 2019
UAE – The Business Registration and Licensing (BRL) sector of the Department of Economic Development (DED) in Dubai, revealed that 509 Instant Licences were issued during the first quarter of 2019, a growth of 45.4 per cent compared to the same period in 2018, Khaleej Times reports. The Instant Licence initiative is a service whereby […]
April 2019 shows a growth of 60% in business registration and licensing compared to April 2018
Dubai DED issues 2,805 new licenses in April 2019, Dubai DED reports. The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, issued 2,805 new licenses during April 2019, a growth of 60% compared to April 2018 (1,753). The new licenses created 8,375 jobs in the labor market. Among the […]
What makes Dubai perfect for retirement?
Dubai, which imposes no income tax, is introducing five-year retirement visas. Retirement in Dubai has considerable appeal for expats nearing the end of their working lives. Previously, retiring expats in Dubai had to leave their five-star lifestyles and return home, often to a lower living standard. To be eligible for the visa, pensioners have to […]
Dubai ruler unveils gold card permanent residency system
6,800 investors holding $27bn will be included in the initial batch of people being granted new residency status in the UAE, Arabian Business reports. A gold card will be issued to investors and entrepreneurs granted permanent residency in the UAE, it was revealed on Tuesday. In a tweet, Sheikh Mohammed bin Rashid, Vice President and […]
Bangladeshi, Indian, Pakistani expats drive Dubai growth, create 8,000 jobs
Dubai DED issues 2,805 new licenses in April 2019, Khaleej Times reports. The Business Registration and Licensing, BRL, sector in the Department of Economic Development, DED, Dubai, issued 2,805 new licenses during April 2019, a growth of 60 per cent compared to April 2018 (1,753). The new licenses created 8,375 jobs in the labour market. […]
Six-month single- and multiple-entry UAE visas for expats unveiled
UAE’s federal citizenship authority says 6,000 applications received in a week from investors seeking long-term UAE visas. The Federal Authority for Identity and Citizenship (ICA) received 6,000 applications in a week from investors and entrepreneurs for the UAE’s long-term residency visas, the authority revealed as it announced the launch of three new UAE visa services, […]