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UAE a global hub for business setup, offers 13 unmatched advantages, incentives for investors The UAE has become a top g...
27/06/2024

UAE a global hub for business setup, offers 13 unmatched advantages, incentives for investors

The UAE has become a top global destination for businesses focusing on innovation, artificial intelligence, and entrepreneurship, as well as for attracting foreign investments, which led to an improvement in its rankings on international indicators related to business and investment attractiveness.

The country provides various incentives for investors, supports entrepreneurship, and encourages the establishment of more companies to help diversify national income sources.

By continuously enhancing its economic environment to attract foreign investments, the UAE aims to strengthen the role of investments in its national economy.

The Emirates News Agency (WAM) outlines 13 benefits and incentives extended to investors in the UAE, which have significantly boosted the country's investment appeal, attracted substantial investments, and positioned it as a leading global investment hub.

- 15 minutes to start a business in the UAE

Basher, a digital platform for investors and entrepreneurs in the UAE and around the world, provides investors and entrepreneurs in the UAE and around the world with a complete range of government services to conduct their business in order to improve the ease of doing business and attract more investment to the UAE.Basher is a completely new tool for setting up a business through an intelligent and unified digital platform that offers simple and secure procedures and allows investors and entrepreneurs to obtain a business licence without having to visit any government office....
https://bit.ly/3xwxEax



Via WAM

May Allah grant you and your family a peaceful and prosperous life.Happy EidAlAdha
15/06/2024

May Allah grant you and your family a peaceful and prosperous life.

Happy EidAlAdha

UAE Banks' Gross Assets Touch $1.1T In February The gross assets of UAE banks rose 12% year-on-year to touch $1.1 trilli...
30/04/2024

UAE Banks' Gross Assets Touch $1.1T In February

The gross assets of UAE banks rose 12% year-on-year to touch $1.1 trillion (AED 4.2 trillion) in February, the Central Bank of the UAE (CBUAE) said in a statement on Monday.

UAE banks' gross assets

The total assets in February are compared to $1.02 trillion (AED 3.7 trillion) for the same period a year ago.
On a monthly basis, UAE banks' total assets grew by 2.2%, the CBUAE added.....
https://bit.ly/3Qor5wJ

Central Bank of the UAE




Ola Noureldin
Via www.forbesmiddleeast.com

Eid Mubarak! May the joyous festival of Eid-ul-Fitr bring you peace and happiness, and may Allah's blessings be with you...
10/04/2024

Eid Mubarak! May the joyous festival of Eid-ul-Fitr bring you peace and happiness, and may Allah's blessings be with you today and always!

Majid Al Futtaim’s ‘State of the UAE Retail Economy’ Report Reveals Double-Digit Consumer Spending Increase in 2023 - Th...
06/04/2024

Majid Al Futtaim’s ‘State of the UAE Retail Economy’ Report Reveals Double-Digit Consumer Spending Increase in 2023

- The UAE’s GDP grew by 3% in 2023, backed by a strong performance in its non-oil sectors. - UAE consumer spending rose 13% year-on-year in 2023, propelled by a 14% increase in retail spending and a 12% increase in non-retail spending.

- E-commerce spending continued growing in 2023, with a 15% growth rate since 2022. - Travel and tourism contributed as major economic drivers for the UAE, with hotel occupancy hitting a record high of 77% in 2023.

- Property prices in Dubai increased by over 20% annually in 2023, making the city the second-fastest growing real estate market in the world.

- UAE residents show confidence in their future, with 91% of respondents to the Majid Al Futtaim Happiness Lab survey either “happy” or “very happy” in the first quarter of 2024.

Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today (04.04.24) released its annual ‘State of the UAE Retail Economy’ report for 2023. The report, which highlights key economic data, trends and insights into consumers’ behaviour patterns, spending habits, and sentiment across the Emirates, revealed that the UAE economy has remained resilient amid recent geopolitical tensions and economic headwinds, with the country’s Gross Domestic Product (GDP) expanding 3% on the back of a robust performance from non-oil sectors.

Consumer spending in the retail economy displayed robust growth throughout the year, delivering a 13% increase in 2023 vs. 2022. While data showed a slowdown across the retail sectors in H2 2023 vs. H2 2022, this was found to be the result of a higher base effect from the previous year’s FIFA World Cup, which had given impetus to consumer spending due to a surge in tourism for that period. Overall, absolute consumer spend in 2023 was split evenly across the first half and the second half of the year, driven by a 14% increase in the UAE’s retail economy, including fashion (31%), general retail (16%), leisure and entertainment (15%), and hypermarkets and supermarkets (3%), and a 12% increase in non-retail spending in areas such as real estate services (100%), petrol and gas stations (28%), transportation (57%), and airlines (25%).....
https://bit.ly/43M9hRU

Majid Al Futtaim


07/03/2024
Here's How A Digital Bridge Between The UAE And   Can Create A New Global Hub Of Digital Excellence  Central Asia's grow...
27/01/2024

Here's How A Digital Bridge Between The UAE And Can Create A New Global Hub Of Digital Excellence

Central Asia's growing tech industry unlocks vast potential for mutual growth with the UAE as a digital hub.

Within the last few years, the leadership of the UAE and other GCC countries have prioritized the rapid digitalization of their states to diversify their economic models, and attract top-tier intellectual capital to implement ambitious projects. These steps also aim to facilitate knowledge transfer, and empower local talent trained by global engineering leaders....
https://bit.ly/42mPPub

StrategEast



Via www.entrepreneur.com

  Inks 25 Strategic Partnerships To Help Shape The UAE's    These newly established partnerships are poised to achieve t...
25/09/2023

Inks 25 Strategic Partnerships To Help Shape The UAE's

These newly established partnerships are poised to achieve the objectives of the Future 100, which include enhancing readiness for the future, solidifying the UAE's status as a hub for new economy companies, creating a conducive environment for the growth and prosperity of these enterprises, and expanding opportunities for their local and global development.

Future 100, an initiative by the UAE Ministry of Economy and the Government Development and the Future Office that seeks to build a list of the top 100 companies with the potential to shape the country's future economy, has secured 25 strategic partnerships with entities that will support the growth and development of the aforementioned enterprises....
https://bit.ly/3PReJgS

Ministry of Economy


Via www.entrepreneur.com

It's Your Time To Shine: Apply Now To Be One Of The Companies Listed In The UAE's    The Future 100 initiative aims to s...
31/08/2023

It's Your Time To Shine: Apply Now To Be One Of The Companies Listed In The UAE's

The Future 100 initiative aims to support 100 startups in new sectors that will shape the future economy of the UAE.

Applications are now open for the Future 100, an initiative by the UAE Ministry of Economy and the Government Development and the Future Office that aims to highlight the top 100 startups that promote the UAE's readiness for the future as well as the competitiveness of its future economic sector.....
https://bit.ly/3Pix8mp

Ministry of Economy



Via www.entrepreneur.com

The Digital Renaissance: How Content Creation Is Reshaping Businesses In The Middle East With its digitally savvy popula...
21/07/2023

The Digital Renaissance: How Content Creation Is Reshaping Businesses In The Middle East

With its digitally savvy population and growing appreciation for quality content, the Middle East is positioned to spearhead the future of content creation.

The phrase "content is king" has evolved beyond a marketing cliché to a defining principle shaping the trajectory of businesses worldwide. As the founder and CEO of Kapturise, the first on-demand photographers' app in the Middle East, I've been at the forefront of this shift in our region, where content creation is playing a pivotal role in business transformation....
https://bit.ly/3rARnCG

Habeeb Furqan Kapturise



Via www.entrepreneur.com

Eid Mubarak! May this joyous occasion be filled with happiness, prosperity and peace for you and your loved ones.
22/04/2023

Eid Mubarak!
May this joyous occasion be filled with happiness, prosperity and peace for you and your loved ones.

  Senior Officer Earns Doctorate in Public Law  His Excellency Lieutenant General Abdullah Khalifa Al Marri, Commander-i...
02/04/2023

Senior Officer Earns Doctorate in Public Law

His Excellency Lieutenant General Abdullah Khalifa Al Marri, Commander-in-chief of Dubai Police, received a PhD thesis in Public Law from Major Expert Dr. Mohammed Issa Al Adhab, Director of Dubai Mounted Police Station. The thesis, titled "The Right of Competition Among Air Freight Companies," was completed at Ajman University.

Lieutenant General Abdullah Khalifa Al Marri congratulated Major General Dr. Mohammed Al Adhab on obtaining his doctorate degree in Public Law, praising his efforts and determination to achieve higher academic degrees. He further emphasized that Dubai Police will spare no effort to support its human resources through a qualification policy based on scientific methodologies, methodologies, in line with the strategic plan of Dubai Police General Command.....
https://bit.ly/3ZFjbAR

شرطة دبي - الصفحة الرسمية

Ajman University

LetsTalkCity

A New Era Is Here: Understanding The Impact Of The New Corporate Tax On Business In The UAE      The UAE's new corporate...
21/02/2023

A New Era Is Here: Understanding The Impact Of The New Corporate Tax On Business In The UAE

The UAE's new corporate tax law is designed to fast-track the country's economic and strategic development and enhance the competitiveness and attractiveness of the UAE as a business and financial center.

The UAE has proven over the years that when it comes to quickly adopting policies and implementing nationwide changes, it is definitely ahead of the curve. From swiftly and strategically handling the COVID-19 pandemic, to hedging the nation's economy and ensuring fast economic recovery, the UAE has demonstrated a remarkable ability to activate widescale change....
https://bit.ly/3lVnJFm

George Hojeige Virtuzone



Via www.entrepreneur.com

Are you eligible for the UAE’s Golden Visa? Take the quiz to find out  With numerous individuals in the UAE and globally...
16/11/2022

Are you eligible for the UAE’s Golden Visa? Take the quiz to find out

With numerous individuals in the UAE and globally being granted the Golden Visa, a new tool has officially been launched to check your eligibility for the same.

Through a short quick quiz available on the Federal Authority for Identity & Citizenship, users can answer a few questions relating to their contribution to the country’s economy and additionally find out more about the supporting documents needed for each criteria.....
https://bit.ly/3AgUCRe



Via emirateswoman.com

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