Interesting facts:The banking activity and finances are regulated by the Central bank’s normative acts. Full version
The UAE is a Muslim state so most of the laws directly relate to Sharia law. Besides, in the Emirates the morals are quite strict - one can get a fine or penalty for something that is not even considered to be an offence in other countries.Read more
Accidents on the road in the UAE unfortunately occur relatively often. In most cases accidents are caused by exceeding the speed limit , since Arab sheiks and many other nationals drive sports cars, which prompt driving at considerable speed.Read more
In order to succeed in business in the UAE, it is important to know all the latest events and developments in the country. Knowing the latest news of the Emirates, you will be informed about current events and you will know about all important developments. Therefore, our company has collected the most interesting and useful information on various business sectors of the Emirates.
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On our site you can read the latest news in Dubai and other Emirates. Only the most useful and relevant information is presented in the most interesting and comprehensive way.
Read the latest news of the UAE and succeed in business!
Today, the United Arab Emirates is one of the most business friendly countries in the world. Stable economic growth, favorable geographical location and availability of Free Trade Zones make the country particularly attractive for foreign businessmen and investors.
The incentive for development of the UAE was discovery of large oil reserves on its territory. Thanks to petrodollars, establishment of FTZ and successful investment into industry and other sectors of the economy, the Emirates managed within short period of time to achieve economic stability and to become one of the most developed countries in the world.
The main goal of local authorities was to make the state not only the largest supplier of oil, but also to create its own highly diversified economy. A number of laws have been enacted that created the most favorable conditions for investment and business in the UAE in order to attain challenging objectives.
Exotic terrain, excellent geographical location, sandy beaches, warm climate - all make the Emirates one of the best world center for business and tourism. Further active construction of hotels, amusement parks, office buildings, residential and commercial properties is underway. All this constitutes perfect condition for doing business.
The undeniable advantage of incorporation of company in the UAE is availability of free trade zones and its tax free status. In addition, local authorities regularly enact laws aimed at free and active business development and attraction of foreign investors. Sound basis for operation of international business includes country trading experience and doing of diverse business with other countries.
The latest news of the Emirates indicates the growth of various sectors of the economy - namely, production, logistics, agriculture, construction, tourism, trade, etc. Despite dry and hot climate, this country, thanks to investments into various sectors of the economy, is comfortable and safe place for businessmen and people who come to live and work in this incredible and fantastic country where everything seems possible - even here, thanks to modern technology, there are technologies for growing strawberries, that are exported to various countries, including Europe.
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