Business – Page 74

April 3, 2023

With Technology Addressing Climate Change Taking The Center Stage, Meet The Queen Of Blockchain Sustainability, Dr. Yana Leonova

In the wake of the global climate crisis, advocates, policymakers, and decision-makers alike have been pushing for concrete eco-friendly reforms. Yet, many remain convinced that deviating from the status quo will derail the economic engine that has propelled us to such great heights. Moreover, the idea of fighting against the pervasive notion that a prosperous […]

by Prerna

March 28, 2023

UAE GDP to grow 4.3% in 2024.

The UAE has experienced substantial economic growth. Government policies, investment levels, changes in global economic conditions, and a variety of other factors can all have an impact on GDP growth. It’s also worth mentioning that economic forecasts are frequently subject to adjustment when new data becomes available, and actual results may differ from expectations.

UAE's decision on 'tax residency' comes into effect.

by Prerna

March 28, 2023

UAE’s decide on ‘tax residency’.

The resolution clarifies certain rules set out for natural persons and legal persons residing in the Emirates. It lays down rules which determine as to when a person, whether natural or legal, may be considered as a tax resident in the UAE. The rules have been framed in consonance with internationally recognized standards and are set to come in force from March 1, 2023.

Domestic demand for goods and services is expected to reach 3 trillion dirhams by 2033, up from 2.2 trillion dirhams in the previous decade. Meanwhile, digital transformation will see an annual contribution of 100 billion dirhams to digital transformation projects. Similarly, the UAE announced in November a strategy to increase its gross domestic product to 3 trillion dirhams by 2031 by increasing non-oil exports and tourism.

by Prerna

March 28, 2023

Dubai New Economy Plan Which Targets 30 unicorns in a decade.

On Wednesday, Dubai unveiled a 32 trillion dirham ($8.7 trillion) economic plan with aims to boost trade and investments over the next decade as it seeks to double the size of the emirate’s economy. The new agenda, also known as D33, comprises up to 100 transformative projects in Dubai as the government strives to rank […]

Dubai announces new corporations to boost tourism and simplify business.

by Prerna

March 28, 2023

Dubai Is All Set To Announces It’s New Boost In The Field Of Tourism.

Dubai’s Department of Economy and Tourism has established three subsidiaries in order to expand the business. The new organizations will make doing business in the city easier and will attract international investment to the UAE. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of Dubai, enacted new legislation to start the new businesses.

by Prerna

March 28, 2023

Revealed: Dubai top global city to relocate.

Due to its favorable tax policies, rich culture, and growing economic climate, Dubai was already a popular relocation destination. Dubai has drawn a large number of expats from all over the world, particularly from the Middle East, South Asia, and Africa.

Dubai is seeing an increase in the number of luxury branded properties. With over 70,000 millionaires, the UAE is expected to see a 22% increase in high-net-worth families by 2027. According to the most recent wealth report by New World Wealth, the United Arab Emirates (UAE) is home to more than 70,000 millionaires.

by Prerna

March 28, 2023

UAE is home to over 70,000 millionaires.

Dubai is seeing an increase in the number of luxury branded properties. With over 70,000 millionaires, the UAE is expected to see a 22% increase in high-net-worth families by 2027. According to the most recent wealth report by New World Wealth, the United Arab Emirates (UAE) is home to more than 70,000 millionaires.

by CEO Editorial Team

March 27, 2023

Reputique PR Launches Global Fame Verified, a Social Media Marketing and Reputation Management Firm

Global Fame Verified, a new social media marketing and fame management firm, has been launched by Reputique PR, a well-known public relations firm. The launch of the new firm is aimed at helping individuals and businesses manage their online reputation and boost their social media presence. The new firm will offer a range of services […]

by Prerna

March 27, 2023

UAE’s GDP Cross 7.6% in 2022.

According to UAE Minister of Economy Abdullah bin Touq Al Marri, the UAE’s GDP would grow by 7.6 percent in 2022, more than double the expected 3 to 4% growth. “When the Central Bank (of the UAE) and all of the country’s financial institutions declared in March last year that the UAE’s GDP would rise at a rate of 3 to 4%. Now, and this has yet to be reported, we are looking at a (growth rate of) 7.6 percent,” Al Marri added.

Dubai announces plan to 'double' economy in next decade.

by Prerna

March 27, 2023

Dubai Announces A New ‘Double’ Economy Plan.

Dubai’s ambitious aim to double its economy in the next decade underscores the emirate’s ongoing commitment to economic growth and development. To encourage innovation and generate new opportunities for businesses and individuals, the strategy calls for investments in important sectors such as tourism, trade, logistics, and technology.

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