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DAFZA Enables Customers To Obtain Dual Licenses To Operate Across Dubai

The DAFZA, Dubai\’s top freezone and FDIs, recently agreed upon a Memorandum of Understanding (MoU) with the Team of Economic Development (DED) in Dubai to permit DAFZA\’s hosted companies to acquire dual licenses to use across Dubai. The MoU is consistent with intensified attempts between DAFZA and DED to aid the Dubai Government\’s goal of […]

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DBWC & UN Partnership Aims to Increase Women\’s Participation in The UAE

The cooperation is aimed at supporting the UAE\’s efforts to increase women\’s participation in the labor market in accordance with the principles of UN women\’s empowerment. An initiative launched in 1999 by the United Nations Coalition (with the Global UAE) and the United Nations Secretary-General, Kofi Annan, is the largest sustainable development program in the

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The Federal Department of Finance initiated the consultation on introducing the automatic exchange of information

Bern, 02.02.2017 — On 2 February 2017, the Federal Department of Finance (FDF) initiated the consultation on introducing the automatic exchange of information (AEOI) in tax matters with additional countries. The implementation of the AEOI is planned for 1 January 2018 so that the first exchange of information will take place in 2019. The consultation

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Efforts In UAE Investment Programs To Boost Non-Oil Economy

According to the Minister of Economy, the UAE’s non-oil sector has been busy outclassing the oil industry for the past two years and is likely to achieve an exponential growth rate by 2020. The resilient investment programs to amplify the contribution, specifically in infrastructure, has increased the development rate in UAE. The government wants to

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Emiratisation Can Affect the SME Growth

All over the globe countries have turned their interest and attention towards SMEs (Small and medium sized enterprises) which is helpin in stabilizing economy for better recovery. In the GCC and MENA Region however, the issue of employee nationalization programmes implementation has become region specific and currently grabbing front page headline. This region heavily relies

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Dubai is Investing $32 million in 19 Projects in Future Accelerators Program

Dubai has planned to allocate 120 million AED ($32m) for 19 companies out if 30 who are taking actively part in Future Accelerator Projects hosted by the Government and Dubai Future Foundation. The projects are expected to generate 135 opportunities or more jobs in Dubai within three months. This pilot project is focused on major

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How Will the Victory of Donald Trump affect Business and Investments in UAE?

The Trump presidency has taken its place in the White House, but even after two weeks, the financial market is still confound and confused over their future. The initial though was the predicted collapse of stock market which sharply hit a little bit 2.5% drop, but amazingly recovered. The strange thing is the reversal of

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