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Welcome back: – why the re-opening of China is good news for the UAE economy

After three long years, the world’s second largest economy, is finally opening its doors again. On 8 January 2023, China officially bid farewell to COVID-19 restrictions, and reopened its borders to travellers in and out of the country. It’s hoped that China’s return to the world will bring a much-needed boost to the global economy. […]

How to Start a Manpower Agency in Saudi Arabia? [Complete Guide]

The Kingdom of Saudi Arabia (KSA) continues to emerge as one of the most important centers of global business. As KSA attracts more local and foreign investors, the demand for skilled labor is also rapidly increasing, making a manpower agency one of the ideal businesses in the region. If you are interested in starting a manpower […]

Start a Scrap or Metal Trading Business in the UAE – [Guide]

As one of the world’s top destinations for international trade and commerce, the United Arab Emirates’ construction, infrastructure, and industrial sectors are rapidly growing. This leads to an increased demand for metals and scraps in the Emirate. The UAE is even among the top ten largest ferrous scrap importers in the world, making it one […]

UAE: Residency visa holders staying outside country for over 6 months can now apply for re-entry permit

Residents can apply for the service on the Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) website UAE residency visa holders who stay outside the Emirates for more than six months may now apply for a permit to re-enter the country, Khaleej Times can reveal. Such residents will need to specify a reason […]

UAE: Grace period for changing unlimited job contracts extended

Employers now have until December 31, 2023 to make the changes Abu Dhabi: The Ministry of Human Resources and Emiratisation has announced that the deadline for correcting the current conditions granted to employers, especially regarding the transfer of work contracts concluded and signed between workers and employers, will be extended from indefinite-term employment contracts to […]

Abu Dhabi company setup: A foundation for business success

If you’re planning to start a business in 2023, there are many great reasons to check out Abu Dhabi. As the capital of the UAE, Aby Dhabi is one of the most innovative cities on the planet. Its thriving business community is supported by ultra-modern infrastructure, tailor-made government initiatives and one of the most desirable […]

Why ChatGPT is set to revolutionise business

Machine learning models such as ChatGPT are creating a real buzz among tech wizards and investors alike. And with good reason – the technology is set to revolutionise how business works in the coming years. Artificial intelligence has been a hot topic on social media for the past month, with tech-savvy users raving about ChatGPT, […]

Business Opportunities in the UAE’s Real Estate Market

The UAE continues to prove the strength of its diverse market by showing tremendous growth in its oil and non-oil business sectors. In recent years, one of the businesses that have displayed a significant demand in the UAE is the real estate market.   With stable and promising ROIs, the surge in demand for residential and […]

Startup year in review – 2022

First, the good news. The UAE has been bucking volatile international trends with both economic performance and outlook. The UAE’s GDP is expected to top 6% growth in 2022, up from 3.8% in 2021, according to the International Monetary Fund (IMF). In Abu Dhabi alone, the first half of 2022 saw GDP grow by over […]

All the New VAT Changes You Need to Know

All the new changes will come into effect from 1st January 2023.   UAE’s Value Added Tax (VAT) was first introduced back in 2018 and is set at 5%. Simply put, VAT is an indirect tax levied on the consumption or use of goods and services. It is charged at each step of the supply process. […]