Dubai SME has initiated a supportive program offering interest-free loans and grace periods to SMEs impacted by severe weather.
The UAE is set to revolutionize its business licensing structure by introducing 10-year 'golden' licenses and 5-year 'silver' licenses.
Europe's Foreign Direct Investment dropped by 4%, influenced by economic uncertainties, energy security concerns, and a surge in regulatory measures across various sectors.
Saudi Arabia's GDP rose by 1.3% in the first quarter of 2024, driven by growth in both oil and non-oil sectors, an example of economic resilience and diversification efforts.
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18 May 2024 DubaiDubai Becomes a Top Choice for Global Offices
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18 May 2024 DubaiDubai Tops Global Greenfield FDI Rankings for Third Straight Year
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17 May 2024 DubaiUAE announces new 10-year Blue Residency visa
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04 May 2024 DubaiUAE: New Bankruptcy Law – What You Need to Know
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04 May 2024 DubaiDubai SME Extends Lifeline to Businesses Hit by Severe Weather
The DIFC Courts handled more and larger cases than before in 2023, with the main court settling 111 cases worth AED 16.5 billion.
Dubai has once again shown itself as a leader in digital innovation by attracting nine multinational companies, worth more than AED 304 billion.
Businesses operating in the UAE must align their accounting practices with the standards set by the Federal Tax Authority to avoid penalties and optimize tax positions.
The FTA's new Taxpayer Charter guarantees fair treatment, privacy, and access to accurate information, ensuring a transparent and equitable tax environment for all.
Spanish investments in Saudi Arabia, surpassing EUR 3 billion over the last decade, highlight the strong economic ties and opportunities for European businesses considering entering the KSA market.
The projected increase in employment and visitor spending within the UAE's tourism sector for 2024 offers opportunities for entrepreneurs to establish and expand businesses in hospitality, travel, and related services.
Saudi Arabia's economy offers great opportunities for growth, and we believe it is a good moment to start a business there.
Compliance is key to a successful operation in Dubai, requiring strict adherence to local laws to avoid serious legal consequences.
For EU-origin and UAE-based businesses, the recent dip in the Euro offers cost advantages and enhanced investment potential in the Eurozone.