According to statistics, there are 5 rainy days a year in Dubai. They usually occur in January-February and bring about 100 mm of precipitation. However, global climate changes and unforeseen cyclones can interfere with the overall indicators and make their adjustments. This is what happened on April 15-16, 2024 – in one of the driest areas of the world.
Dubai, United Arab Emirates – Finance World Magazine proudly announces that nominations are now open for the prestigious UAE Realty Awards 2024. This event honors the tycoons of UAE’s real estate industry.
If we look at the various failures associated with investment in real estate in Dubai, there is a question. Are you planning to buy an investment property? Read this article, it will help you not to lose money and make money on your investments.
Many people, having acquired a small capital, seek to invest it in purchasing an apartment for rent or subsequent resale. People who have accumulated more serious wealth prefer long-term investments in commercial real estate to diversify their assets and provide themselves with passive income.
You may have already heard that you don’t have to pay income tax when you resell real estate. The yield on local real estate can reach 10% per year, while in London and New York, it does not exceed 4–5%.
In the business world, where cultures and laws vary from country to country, it is important to study labor rights aspects in detail, especially when doing business in countries with unique laws. In this article, we will look at the labor rights of workers in Dubai and the United Arab Emirates (UAE).
Often those who are going to buy a studio or a small apartment in a new building believe that “free planning” from the developer is carte blanche for any changes, and approval is not required for this.
The Emirate of Ras Al Khaimah is becoming one of the most popular tourism and investment destinations in the Middle East.
The rarer the winter sun graces us with its attention, the stronger our desire becomes to acquire a residence where sunlight is not just a fleeting guest, but a constant presence.
IFZA in the UAE presents significant business opportunities for entrepreneurs. This article explores the advantages of registering a business in this thriving economic zone.
With the rapid growth of inflation, the question of how not to lose your savings and where to invest them becomes especially relevant. One of the most popular options for saving money is investing in real estate.
In the world of real estate, Dubai occupies one of the leading positions, adhering to an innovative and progressive approach. It is interesting to consider the changes that will impact the market in the coming years.
Fresh air, clean sea, vast natural beaches, stunning mangroves, a hub of cultural and educational activity, and a high level of development – Abu Dhabi is a genuine paradise on earth. Astute investors are increasingly focusing on the real estate market in this rapidly advancing emirate, recognizing its immense growth potential. Projects like the Louvre Residences and Saadiyat Lagoons on Saadiyat Island or the Yas Golf Collection on Yas Island offer exceptional opportunities for both residence and investment.
The UAE resident visa is called Emirates ID. This is a plastic card with an embedded chip that contains information about the holder, fingerprint, and photograph. Today, the most popular reason for obtaining residency is the registration of a startup or investment.
There are four possible scenarios for making money on foreign real estate, presented for novice investors, in which even a small capital may be sufficient.
Today, we would like to share with you our thoughts and experiences on a topic that often remains in the shadows when discussing business strategies – risk assessment in businesses in the Emirates.
Home to the world’s tallest building, the Burj Khalifa, Dubai is renowned for its impressive hotels and shopping centers. However 2003, a new project worth billions of dollars captured the world’s attention.
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.
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.
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Dubai is a beacon of modernity and progress in the Middle East. However, just a few decades ago, it was primarily inhabited by Bedouins, fishermen, traditional farmers, and nomads. These people lived in tents and…
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In today’s world, Dubai is the pinnacle of vacation spots. The emirate, often known as the Venice of the Gulf, has everything you could want for a getaway, from natural beauty to breathtaking engineering feats…
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.
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.
