UAE launches a 10 year visa for investors, scientists, doctors, engineers, entrepreneurs, innovators and students
Investors and specialists such as doctors and engineers will receive UAE residency visas valid for up to 10 years, it was announced on Sunday. The families of these categories of expatriates will also receive the same visa validity. Top performing students are also eligible for the 10-year residency visa scheme, Khaleej Times reports. His Highness […]
100% foreign ownership: New UAE investment law to spur FDI, GDP growth
The final draft of the landmark law is awaiting FNC’s approval UAE’s game-changing investment law, which will allow up to 100 per cent ownership to foreign investors in some specific onshore business sectors, is expected to prop up private and foreign direct investments when it will be finally introduced in the last quarter of this […]
Why switch your offshore company to the UAE?
From tax advantages to confidentiality and minimal bureaucracy, there are plenty of great reasons to set up your business offshore. However, while many countries offer these benefits, some offer a more advantageous environment than others, Arabian Business reports. And whatever marker you judge it against, it’s not hard to make the case that the UAE […]
Innovation at the heart of UAE’s successful economic development
Dubai developed not because of hydrocarbons; oil and gas now account for less than two percent of Dubai’s GDP, around half of its share in the 1980s. Economic diversification, underpinned by remarkable performance across strategic sectors, contributed to 72.2% of the total economic growth achieved in 2017. Thus, Dubai is ranked 8th in the world […]
Dubai ranks first in Arab world, fourth worldwide in ‘Economic Performance’ Pillar
Dubai’s rising global rankings in a range of economic indicators show that it is closing the gap with the world’s most competitive economies according to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, and in pursuance of His Highness’s directives to achieve top […]
Boosting Dubai’s appeal to business community
A business workshop attended by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, is part of a series of government initiatives aimed at boosting Dubai’s economy, Gulf Business reports. The workshop afforded business people — from companies ranging from start-ups and small- and medium-sized […]
UAE leads world in good, great jobs according to Gallup
Sixty-nine percent of adults in the UAE work full-time for an employer – the highest rate in the world. However, a much lower percentage, 12 per cent, have full-time jobs that engage them. What are good and great jobs? According to the report, good jobs are full-time work for an employer, while great jobs are […]
Revealed: Dubai companies with the happiest employees
Recently, Dubai saw the launch of first-of-its kind happiness awards aimed at promoting happiness and positivity in the region’s workplaces, Khaleej Times reports. From the best employee engagement to the best workplace sustainability programme, “The Happiness @Work Award’s inaugural edition announced 14 winners in five different categories from 10 shortlisted organisations. The programme covered region’s SMEs, […]
Revealed: Top 25 companies to work for in UAE
Working in the UAE can be a great experience for anyone, and this new study will tell you if you’re rendering your services to one of the ‘greatest’ companies to work for. Global consultancy Great Place to Work revealed its eighth annual list of ‘Best Workplaces’ in the UAE, recognising the nation’s top employers with […]
DED and Dubai Free Zones Council to facilitate business for free zone entities
The Department of Economic Development (DED) in Dubai has signed a memorandum of understanding (MoU) with the Dubai Free Zones Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared commitment of the two entities to reinforce Dubai as the number one global hub for attracting businesses, facilitating […]