Abu Dhabi, Dubai, the UAE – a haven for business opportunities and investor. Are you thinking about setting up shop there? Have you done your homework? Five areas you should be concerned with are examined below: Cultural awareness Be aware – forging relationships in foreign countries takes time and work, some interpersonal skills and aContinue reading "Doing Business in UAE – What Not to Do" Read more
PRO Partner Group Blog
The next two years are expected to generate about 1,000 new jobs in the UAE as the solar power renewable energy demands rise. IRENA (International Renewable Energy Agency) claims that overall employment in the renewable energy sector rose by 18% in 2014 over 2013 and predicts this trend to continue. MESIA (the Middle East SolarContinue reading "Thousands of new jobs projected – The UAE solar panel expansion" Read more
There are many benefits that businesses located in the UAE’s Free Zones enjoy, for example: • 100% Ownership • Import/ Export Duty Exemption • 0% Personal / Corporate Tax Forming a company within a Free Zone can be easier and quicker than with an Onshore Company largely due to a lack of a requirement toContinue reading "Setting up your Business in an Abu Dhabi Free Zone" Read more
Over 88% of Abu Dhabi’s population is comprised of those from abroad and multinational influences in Abu Dhabi are ever-present. Expats considering moving to Abu Dhabi need to prepare themselves for this diversity whilst understanding the local culture and customs. The same is true for businesses looking to expand into the region. Ranked 22/189 byContinue reading "Doing Business in Abu Dhabi – Free Zone vs Onshore Company" Read more
Located in the Persian Gulf just 145km from Abu Dhabi, Dubai continues to shine as one of the world’s top 5 most improved cities since 2010, as reported by property expert JLL in partnership with the Business of Cities Group. Over 200 city performance indices were collected in this calculation by the Business of CitiesContinue reading "Attracting Commerce to Dubai – One of the top 5 fastest growing economies" Read more
ADNOC Distribution is to expand its network of service stations with fuel price profit. ADNOC and Enoc plan to invest in new petrol stations following the government’s move to deregulate prices.ADNOC Distribution plan to open 125 new fuel service stations across the UAE and Enoc plan to expand its retail network over the next five years. AccordingContinue reading "ADNOC Distribution is to expand its network of service stations." Read more
The new fuel prices for August for the month of August were announced by the Ministry of Energy after a high-level meeting with the officials from the distribution companies and the Ministry of Finance. Petrol price of Octane 95 (Special), has gone up by 42 fils from Dh1.72 per litre at present to Dh2.14 per litre. OctaneContinue reading "UAE’s plan to raise fuel prices." Read more
According to a report of JLL’s Abu Dhabi Real Estate Market Overview, demand growth in the capital is weakening, with rentals and sales flat during the period. Abu Dhabi property market reaches ‘tipping point’ because of an increase in the cost of living and a reduction in demand. “We are currently at a ‘tipping point’,Continue reading "Abu Dhabi’s property market is at a “tipping point”." Read more
Habtoor Leighton Group (HLG) has been awarded a $71.6 million (AED263m) infrastructure contract by Abu Dhabi Ports for the Khalifa Industrial Zone (Kizad). Project will be carried out on a 52 sq. km site, and the methodology used will involve extensive dewatering, excavation, pipe-laying and road construction works. Project will begin this month, and isContinue reading "Habtoor Leighton Group (HLG) has been awarded a $71.6 million for the Khalifa Industrial Zone (Kizad)." Read more
The General Directorate of Residency and Foreigners Affairs (GDRFA) has announced plans to do away with the passport control counters from the departures wing of Terminal 3. According to GDRFA, If this plan is implemented, passengers will no longer have to queue at passport control counters. Instead, the traveller’s details, at the time of bookingContinue reading "Dubai Airport to remove passport control at Terminal 3" Read more