With the UAE relying on imports for 90% of its food, emirates like Abu Dhabi are exposed to volatility in international food markets, currency fluctuations and regional tension. While greater agricultural self-sufficiency through advances in technology is a longer-term mission, the authorities at the national and emirate level are pursuing...
How can local food production be expanded while ensuring water resources are utilised sustainably?
The local authorities are continually looking at ways to improve domestic food production, efforts which can in turn support and work alongside the various strategies in place to ensure Abu Dhabi’s food security as well as that of the wider UAE. Despite a desert climate and significant barriers to largescale agricultural production, a strong...
The UAE is a business centre for the MENA region and an attractive destination for investors for a number of reasons, including infrastructure, logistics, access to skilled labour and geographical proximity to almost two-thirds of the global market. According to PwC and the World Bank’s “Paying Taxes” 2019 study, the UAE continues have the...
The UAE currently has no system of federal income taxation. Instead, most of the emirates – including Abu Dhabi – enacted their own corporate tax decrees in the late 1960s. These emirate-level corporate tax decrees are of general application and remain in force.
Founded in December 1971 as a federation between six of its seven constituent entities, the UAE includes the emirates of Abu Dhabi (the capital city), Dubai, Sharjah, Ajman, Fujairah and Umm Al Quwain. The emirate of Ras Al Khaimah joined the federation the following year. The UAE is governed by the UAE Constitution, which permits each emirate...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×