Dubai’s love for free zones is quite evident from the fact that it hosts 30 out of total 45 free zones in UAE. Few of these free zones are of general type that are open for all types of businesses while others are established to facilitate specific type of business activity. Such free zones provide…
UAE is trying its best to minimize its reliance on oil & gas sector which is becoming more and more unpredictable with the passage of time. It is the reason that government is passing new laws continuously in order to assist the growth of other sectors. Even before the oil crisis of 2014, business was…
Earlier this year, Dubai’s Crown Prince Sheikh Hamdan bin Mohammad launched 26 projects by 24 government entities of Dubai as part of “Dubai 10X”, aimed to make Dubai the hub of innovation. Under this initiative, DAFZA (Dubai Airport Free Zone Authority) has now announced its plans to start two of these projects, Dubai Blink and…
There is a surge in facilitating different industries and trades in UAE since 2014. It is primarily as an effort to reduce the burden of economy on unreliable oil sector and expansion and diversification of economy by including different other sectors for economic growth. The UAE as a country is facing this oil-related problem just…
UAE is moving forward rapidly in transformation of its economy where more importance is given to sectors based on education and knowledge. Dubai is the pioneer of this new strategy. Several small and large steps have been taken for this purpose especially by the government of Dubai. One special step in this regard is the…
Fujairah is one of the seven emirates of UAE. The geographical location of Fujairah makes it a unique one different from all other emirates. Fujairah is the only emirate present exclusively along the Gulf of Oman. All the other emirates are either located around Persian (or Arabian) Gulf or have access to both Persian Gulf…