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The UAE federal government has exclusive jurisdiction to legislate in relation to UAE taxes. However, no federal tax laws have yet been established. Instead, most of the emirates enacted their own general income tax decrees in the late 1960s (tax decrees).

 

As a business centre for the region, the UAE continues to be highly relevant and attractive for investors for a number of reasons, including infrastructure, logistics and access to skilled labour. According to the PwC and World Bank “Paying Taxes 2016” study, the UAE is ranked joint first in the world in terms of the ease of paying taxes. In a...

 

To what extent is financing readily available for startups in new media given the reluctance of many banks to lend to such initiatives?

 

The media industry in Abu Dhabi has witnessed a surge in investment recently as sector infrastructure is developed to support the expansion of local production and content creation. This includes both physical infrastructure and human resources capacity. Sector expenditure is on the rise as well. Local English-language daily The National...

In light of its heavy reliance on food imports and limited supply of fertile land and fresh water, food security is a key issue for Abu Dhabi and one that has become more pressing in recent years. Its importance was under-scored by the rise in global food prices in 2007, which saw countries in the region work overtime to ensure supplies of some basic food commodities. In the...

 

The Abu Dhabi authorities are seeking to develop the local agriculture and food-processing sector as part of wider efforts to improve food security and diversify the economy. They are also working to render activities in the sector more sustainable, particularly in terms of water usage. To this end the emirate is investing in the development...

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