The Middle East

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What greater role do you think the Saudi private sector can take with the launch of Vision 2030?

 

The cybersecurity industry in Abu Dhabi is in the midst of a rapid expansionary period, driven by the rising incidence of cybercrime across the UAE, as well as growing interest in cybersecurity innovation within both the private sector and academia. Although the emirate’s cybersecurity industry remains in its early stages and awareness is...

 

The emirate’s IT sector has shown promising growth over the previous decade, bolstered by rising levels of mobile broadband service offerings, smartphone penetration and internet usage. ICT development is a critical priority for the emirate and the UAE, as reflected in both national and emirate-level, long-term economic development strategies...

 

High mobile uptake, leading smartphone penetration, and rapid expansion of wireless broadband and fibre-optic infrastructure have driven the UAE to the forefront of regional telecoms development. Although mobile tariffs are comparatively high and international volatility has affected operator profits, a recent series of consumer-friendly...

 

The UAE federal government has exclusive jurisdiction to legislate in relation to the UAE’s taxation system. However, no federal tax laws have been established to date. Instead, most of the emirates enacted their own general income tax decrees in the late 1960s, known as the “tax decrees”.

 

As a business centre for the MENA region, the UAE continues to be a highly relevant and attractive destination for investors for a number of reasons including infrastructure, logistics and access to skilled labour. According to the PwC and World Bank’s “Paying Taxes” 2017 study, the UAE is the country with the single easiest system for paying...

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