The Middle East

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MINISTRIES Cabinet Affairs & Future 04 330 4433 Culture & Knowledge Development 800 552255 Defence 04 353 2222 Economy 04 314 1555 Education 800 5115 Energy 04 292 9555 Environment & Water 04 333 1329 Finance 04 393 9000 Foreign Affairs 800 44444 Health 04 230 1000 Higher Education & Scientific Research 02 642 8000...

 

LANGUAGE: Arabic is the official language, although English is the most widely spoken language in Dubai. Public signs are often in both Arabic and English. Other languages in common use include Hindi, Urdu, Tagalog, Persian, Chinese, French and Russian.

 

The UAE continues to be an attractive destination for international investors and a centre for businesses in the MENA region for a number of reasons. In order to remain a competitive environment for businesses and foreign direct investment, the UAE has continued its drive for business-friendly regulatory and legislative framework.

 

The UAE currently has no system of federal income taxation. Instead, most of the emirates – including Dubai – enacted their own corporate tax decrees in the late 1960s. These emirate-level decrees are of general application and remain in force as amended. These corporate tax decrees are similar in nature and text, and deal in broad terms with...

 

The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by...

 

Fuelled by public infrastructure investment and attractive incentives for foreign investors, Dubai’s industrial sector – defined as manufacturing, electricity and gas – continues to be a major driver of the emirate’s economic growth. While industrial output has been historically built on low-tech but high-value-added segments such as base...

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