Expo 2020 an exciting opportunity for businesses in Dubai What is Dubai Expo 2020 and what does it mean for the region? Dubai Expo 2020 is a six-month long event featuring trade exhibition, business innovation and products from around the globe from more than 200 expected participants. Expo 2020 Dubai will be the first World…
New levy only on tobacco products, energy and carbonated drinks DUBAI: The UAE’s excise tax on carbonated drinks, tobacco and energy drinks, which will launch on October 1, has generated a mixed reaction from analysts and businesses involved. The first tax on carbonated, or fizzy, drinks, will see prices rise by 50 per cent. “I…
These structures are applicable to new businesses set up within Dubai, excluding all free zones If you are a foreign national, you may want to go for a free zone license if you want 100 per cent ownership of your business. The Department of Economic Development lays down acceptable legal structures for companies based in…
Do you want your parents to live with you in Dubai? Here’s what you need to do. Here’s how to get a residence visa for your parents; Who can sponsor parents? UAE expatriates, holding valid resident visas having a minimum salary of Dh20,000 or a monthly pay of Dh19,000 plus a two-bedroom accommodation can get…
There are over 20 free zones in Dubai alone and each caters to a specific business category. If you want to have 100 per cent ownership of your company, regardless of type of business, you need to opt for a license and location in one of the many free zones of UAE. They are designed…
Professional networking site has 22 million members in the MENA region Professional networking site LinkedIn announced on Tuesday that it has hit the 500 million members’ milestone across 200 countries and 22 million members in the Middle East and North Africa region. LinkedIn’s UAE members rank as the most connected in the world. UAE users…
In order to set up a new business in Dubai, it takes six procedures to be completed in eight days on average. Starting a business in the UAE should not take you more than a week once you’ve sorted all your legal procedures. But before you start your legal formalities, you need to consider some elements required…
The challenge in 2017 would be to surpass the competitive industry While we know that the world’s largest Ferris wheel, nestled in Dubai, is going to be the ultimate eye for the city, we are wondering what’s going to be the eye for Dubai when it comes to the business arena in 2017? With the…
UAE Minister of Economy expects non-oil sectors to grow by 3.8% The UAE Minister of Economy expects the country’s GDP to grow around 3% this year, roughly in line with 2016’s performance. In an interview with Gulf News, Sultan Al Mansouri said that improving performance by non-oil sectors would help to compensate for lower oil prices.…
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, honoured 32 companies that were named winners of the ninth cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award and the first cycle of the MRM Business Innovation Award at a ceremony held in Dubai on Tuesday. The ceremony was hosted…
Expo 2020 Dubai on Wednesday launched a search for producers of authentic Emirati and regional products including dates, Arabian coffee and sweets, chocolate and spices, which will form part of a warm welcome offered to Expo’s millions of visitors from around the world. This is the second of up to 40 licensed product categories put…
Dubai’s Free Zones The Jebel Ali Free Zone, Dubai Airport Free Zone, Dubai Healthcare City, Dubai Silicon Oasis and several other specialised Free Zones have been set up with the specific purpose of facilitating investment, and the procedures for investing in the Free Zones are relatively simple. The Free Zones are arranged around specific industries, bringing…
A ring found at a 4,000-year-old archaeological site in the desert is the inspiration behind the new Dubai Expo 2020 logo. The winning design was revealed by H.H. Sheikh Mohammed, Ruler of Dubai and Vice President of the UAE, at an event in the Armani Hotel. “The design of the logo is inspired by a…