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 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...
Dubai is looking to place itself ahead of global trends by investing heavily in ICT and innovation. With an already highly developed market for ICT products and services, the emirate is seeking to harness the transformative potential of digitalisation to facilitate government-to-government and government-to-citizen transactions, and increase...
As Dubai looks ahead to Expo 2020, activity across numerous sectors related to the mixed-use District 2020 legacy project could catalyse rapid progress in the emirate’s plans to build an innovation-driven economy. District 2020 is the emirate’s project to rapidly repurpose the site of Expo 2020, building a new commercial and residential area,...
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