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UAE: DIFC on the rise
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
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The Dubai International Financial Centre (DIFC) has reported a 15% increase in job creation and a 26% year-on-year increase in active companies, with revenues and operating profits rising by 23% and 27%, respectively.
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UAE Launches Online Legislation Platform to Boost Legal Transparency
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The United Arab Emirates has launched a comprehensive online platform providing access to its legal documents since 1971, reflecting its commitment to legal transparency and inclusivity.
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UAE: Salaries Anticipated Growth, Skill Demands, and High-Paying Roles
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE job market in 2024 is set to experience a 4.5% increase in average salaries, with a significant demand for skills in management, leadership, and technology, highlighting the need for professionals to adapt to evolving market dynamics.
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UAE: Supreme Court Bans Compound Interest in Financial Transactions
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE Federal Supreme Court has banned compound interest in financial transactions, shifting towards simpler interest models and benefiting borrowers.
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UAE Emerges as a Global Investment Magnet According to UNCTAD Report
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has seen a significant 28% increase in new foreign investment projects in 2023, solidifying its status as a global investment hub.
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BRICS Welcomes the Middle East
- 16.01.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The UAE and KSA are already well-known as economic leaders in their region – joining BRICS could open new doors, offering fresh opportunities for trade and investment on a global stage.
