Ahmed Heggy, the visionary behind Esca Hospitality Group, has revolutionized the restaurant scene in Cairo, Egypt. As the founder of Esca Hospitality Group, Heggy has redefined the dining experience in Egypt and set a new standard for contemporary cuisine and innovative restaurant design. With a unique blend of cultural influences from his time in London […]
The world of venture capital (VC) has long been shrouded in mystery and intrigue, often perceived as an exclusive domain reserved for seasoned investors and elite startups. However, the democratization of information and the rise of online platforms have opened up this once-opaque sector to a wider audience, making it more accessible than ever for […]
In a groundbreaking initiative, a prominent freezone in the United Arab Emirates (UAE) is offering entrepreneurs a unique opportunity to establish a new business in an astonishingly short timeframe of just 45 minutes.
Bolivia has been experiencing an economic boom in recent years, but the scarcity of US dollars is posing a significant threat to the country’s growth. This article explores the impact of the US dollar scarcity on Bolivia’s economy, and what steps can be taken to address this crisis.
The Global Business Summit is an annual conference that brings together leaders from the business, political, and academic worlds to discuss and debate current global economic and business issues. The summit is a platform for thought-provoking discussions, informative presentations, and valuable networking opportunities. The Global Business Summit attracts attendees from around the world, including CEOs, […]
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.
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’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.
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.
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.
