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compound annual growth rate of 8% between 2016 and 2020. “Our project pipeline in 2019 is more than double what we anticipated,” Ramesh Iyengar, CFO of Dubai Metal Industries, told OBG. “Dubai is a trendsetter, and will always be trying to do something bigger or bett...
Dubai plays a pivotal role in automotive and aerospace industries, notably in vehicle and aviation re-exports. Strong consumer demand, particularly in luxury and premium segments, fuels industry growth. Government policies promoting tourism and hospitality boost rental and transportation services, while te...
However, as with any country, the UAE has its set of import, export and customs procedures as well as trade regulations that companies from India should familiarise themselves with before exporting their goods to the UAE, specifically Dubai. Failure to comply with thes...
Dubai's Jebel Ali port, constructed in the 1970s, has the largest human-made harbour in the world and was ranked seventh globally for the volume of container traffic it supports.[154] Dubai is also a hub for service industries such as information technology and finance, with industry-...
As of 2023, the non-oil industries in the United Arab Emirates (UAE) accounted for a record 75% of real GDP, with plans to continue this diversification trend highlighted by this new announcement. The expansion and doubling of the current market in the UAE will reflec...
As a company operating in a Dubai free zone, the entrepreneur will be able to take the profits he earned back home. The companies can also enjoy significant tax exemptions as there is no income tax or corporate tax in the UAE. However, the oil and banking industries come under the scope...
City will collaborate to strengthen the UAE's reputation as a global destination for future industries. MoIAT will bring on Dubai Industrial City as a private sector partner to collaboratively advance the economic priorities of 'Make it ...
This could apply to sectors with high-value investment, high employment generating activities, sustainable developments, and export-oriented industries. Following recent regulatory updates, issued by the country’s Commercial Gaming Regulatory Authority, Emirates Draw has discontinued its operations in the ...
Abu Dhabi is the capital city of the UAE. It is one of the popular destinations for several entrepreneurs and investors as it has a growing economy usually captivated by tourism, real estate, oil, and industries. Learn More LLC Company Formation in Dubai ...