Recent times have seen Dubai’s industrial sector emerge from the downside of the 2008-09 global crisis, with order books growing and confidence returning. The expectation of major future business is also strong, particularly since the emirate was awarded Expo 2020. Though there is an underlying mood of caution among many, this new conservatism has been generally positive...
Over the past decade, Dubai has made great strides in opening up new avenues for economic growth, becoming a strategic hub for international businesses to reach nearby emerging markets. This development has been guided by an economic diversification plan focused on key sectors that can accelerate growth, not only in Dubai and the UAE, but also the entire region....
The federal government of the UAE has not promulgated any tax laws and, as a result, much of the existing tax structure in the emirates has been established by the individual emirates, which have issued varying corporate tax decrees. While this seems like it would lead to confusion and hamper the business environment, in practice, taxes are only imposed on oil- and gas-...
In line with its visions for an excellent infrastructure, progressive leadership, political stability and a world-leading business environment, the UAE government has announced new initiatives aimed at attracting foreign investors and enhancing existing foreign investments. One such initiative was the long-awaited revised UAE Commercial Companies Law (UCCL), which was...
In January 2013, Sheikh Mohammed bin Rashid Al Maktoum unveiled his initiative for Dubai to become the global capital of the Islamic economy, a multi-trillion-dollar industry. Dubai is no stranger to setting high goals and delivering results.
B&G ROYAL CLUB PALM JUMEIRAH PO Box 347474 Palm Jumeirah Al Khushkar J1 T: (04) 420 6299 F: (04) 420 5733 www.balbaagroup.com reservation@bgroyalclub.com Rooms: 25 two-bedroom apartments with partial sea view, 16 one-bedroom apartments with palm view, 9 one-bedroom apartments with direct sea view. Business & Conference Facilities: Wi-Fi...
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