UAE real estate has seen major growth this year and investors and home-hunters are looking ahead to the trends in 2024. As the sector welcomes increased foreign confidence and opportunities for the future, real estate platform Property Finder asked industry leaders to outline the top five property trends to look out for in 2024. Among the trends to […]
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Dubai: ‘Entrepreneurs – Welcome to the UAE’. The UAE’s Golden Visa initiative to be the natural destination for entrepreneurs and their businesses has been hitting its targets. More so, when linked to some of the other programs launched by the various emirates. For a new entity, especially those operating with limited personnel, not having an […]
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United Arab Emirates (UAE) – the place that is regarded as one of the most friendly countries in the world for migrants. Wealthy individuals often favor countries that offer work visas or citizenship with low lock-in money and opportunities for direct real estate investments. The UAE is one such country that offers such an environment […]
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The Dubai Government will continue to support and nurture the emirate’s flourishing startup and small-and-medium enterprise (SME) ecosystem with an aim to support 30 companies to reach unicorn status by 2023, said Hadi Badri, CEO of the Economic Development Department at the Department of Economy and Tourism, Dubai. “For aspiring unicorns, there’s no better time […]
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The UAE Central Bank has increased its 2024 growth forecast for the country’s economy to 5.7 per cent, from 4.3 per cent previously, due to an expected rise in oil production next year. The banking regulator also revised downwards its growth projections for 2023 to 3.1 per cent from 3.3 per cent, “largely reflecting the extension of oil […]
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Eligible businesses across the UAE are preparing for the federal corporate tax that will be introduced next week. The National takes a closer look at some of the key elements that businesses should consider. How much is the tax rate? The UAE introduced the federal corporate tax with a standard statutory rate of 9 per cent starting from the financial […]
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