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In recent years, Dubai has emerged as a prominent player in the global crypto and blockchain industry. By 2024, the city-state had not only consolidated its position as a major financial hub but had also become a magnet for crypto investors and digital currency startups. The Dubai government actively promotes crypto industry development by implementing regulatory measures and fostering a conducive environment for cryptocurrency transactions.

The Prophet Muhammad is known to have owned several fast camels, the most famous of which was Kaswa.

Many entrepreneurs consider the UAE an ideal location for business development due to its favorable tax policies. However, significant changes in standard tax procedures have occurred since the beginning of last year.

Projections indicate that the real estate market in Dubai will persist in its development and consolidation in 2024. In recent years, the emirate has made significant investments in infrastructure enhancement and the diversification of its economy, rendering it an attractive hub for business and tourism. Consequently, demand for real estate in Dubai remains buoyant, particularly for commercial and residential properties in prime areas.

According to Forbes, we looked at three of the richest individuals in the UAE. In this article, you will find out who they are and how they accumulated their impressive fortunes.

Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.

Entrepreneurs from all over the world come to the UAE. They register their businesses there, obtain freelancer visas, and purchase real estate.

We have yet to delve into the formation history and distinctive features of Bybit exchange. This article will introduce you to the founder’s biography, the exchange’s features, and its current status as of 2024.

We present to you the latest list of reliable developers in Dubai. These are leading companies in the market, whose projects have won awards and attracted the attention of leading investors.

The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.

News on Investments in EdTech Startups in the Past Week. We’ll tell you how to increase the volume of attracted investments.

Despite popular belief, Dubai’s economy is somewhat dependent on the oil industry. During the period from the 1960s to the 1990s, oil did contribute significantly to the city’s coffers, but most of its revenues were invested in economic development. One of the main areas of investment was trade, which to this day remains the most important source of financial well-being in Dubai.

+30 % business growth. In the first quarter of last year, the number of business licenses in Dubai increased by 30%.

When venturing into the business landscape of Dubai and other Emirates in the UAE, it’s crucial to adopt a cautious approach, particularly when considering the acquisition of an existing enterprise. This guide aims to illuminate the process of purchasing a business in this region, highlighting essential steps to mitigate potential financial losses and maximize profitability.

Today we would like to share important information about the business licensing process in the UAE. This stage is key when starting a business in this country, and a competent understanding of all aspects of licensing can greatly facilitate your task. Keep in mind that having a license will allow you to conduct business activities in the Emirates following the law.

Marketers often tell entrepreneurs that they need a strategy, and without it, the business will not develop. But to what extent is this true? Let’s look at what a marketing strategy is, whether every business needs it, and what benefits it brings.

Dubai has been one of the leading international business centers and economic leaders of the future for several years now. Recently, it has become clear that it is also a key destination for foreign offices and domestic companies. According to Yale University, the total number has exceeded 1,000 and continues to grow. However, to successfully penetrate this lucrative market, which offers many business opportunities, it is necessary to develop a strategy that takes into account both local conditions and many unpredictable factors. In this article, we will discuss the features of PR in the UAE and effective strategies for business development in this region, especially in Dubai.

Renewable energy is increasingly seen as a crucial means to combat climate change. Among the notable projects in this domain is the Mohammed bin Rashid Al Maktoum Solar Power Plant, situated in the southern desert of Dubai.

The real estate market in the United Arab Emirates sets new records year after year, and in 2023, it grew by tens of percent. This growth is expected to continue next year as the Emirates confirms its reputation as a global business center. This factor, together with tax benefits and quality of life, attracts wealthy people from all over the world, increasing the demand for real estate and rental rates.

Many clients opt for real estate in the UAE due to its promising return on investment. In Dubai, for instance, the ROI ranges from 8 to 9%, contingent upon the property type and location.

An exciting story unfolded in Dubai in April 2023, demonstrating how investing in land can yield remarkable returns. Umar Kamani, the founder of the Pretty Little Thing brand, made headlines by purchasing a 7,500-square-meter plot of land on the island of Jumeirah Bay. Over just two years, this barren wasteland, devoid of any structures, skyrocketed in value, with every square centimeter becoming incredibly valuable. This wasn’t due to oil discoveries but rather because it was one of the last available plots in a prestigious location near the sea.

Dubai is not the lifeless desert it was once thought to be! The Emirates have debunked the stereotype that their land is uninhabitable. They have built the world’s tallest building on shifting sands and created oases of greenery, defying nature. The desert has transformed into a Garden of Eden, and here are the five greenest and most environmentally friendly areas of Dubai, where living is comfortable even at +40 degrees.

The stability and profitability of real estate investments in Dubai largely depend on the choice of location. In this guide, we will compare several well-known areas and analyze where it is most profitable to purchase real estate.

The construction of Palm Jumeirah marked one of Dubai’s initial steps toward global recognition. The Crown Prince of Dubai, Sheikh Mohammed, pledged to create an artificial archipelago resembling a palm tree with 17 fronds by 2006. He aimed to transform the emirate into a premier tourist destination and luxury resort.

The United Arab Emirates is not only a territory with endless sandy deserts but also a center of business activity and finance. The region’s dynamic economic environment offers many opportunities for business financing. One of the key tools in this process is loans.

Dubai, one of the most developed cities in the United Arab Emirates, offers exciting opportunities for expatriates who own property in the region. Owning a property in Dubai provides not only economic benefits but also the full right to live in this dynamic and cosmopolitan city.

In this article, we will summarize the key calendar events that are worth noting for successful business in this region.

Today we suggest looking at this issue from a different perspective: let’s look at the benefits of working with an agency when buying and selling real estate in Dubai.

Last year, the United Arab Emirates once again secured a position in the top 10 countries for global competitiveness. The renowned International Institute of Management Development (IMD) compiled the rating, analyzing world economies based on 336 criteria grouped into four key categories: financial performance, entrepreneurial activity, government effectiveness, and infrastructure quality. The leaders of this list create ideal conditions for business development, ensuring rapid economic growth.

The liquidity of a real estate property refers to its ability to be quickly sold without significant losses in the original cost.

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