Uae

Saudi Arabia is pursuing its Vision 2030 initiative to diversify the economy and encourage local production in a range of industries. The Saudi government recently allocated SR10 billion to activate the Standard Incentive Program for the Industrial Sector. In addition to this, the country gives incentives to foreign companies and has a huge potential market Read more

For businesses, the introduction of VAT represents both challenges and opportunities. While it is designed to have minimal impact on profitability when managed effectively, VAT will require companies to reassess their systems, contracts, and processes. This article examines how VAT is expected to roll out in Qatar, its implications for businesses, and practical steps companies can take to ensure a smooth transition. Read more

Abu Dhabi has launched the Golden Quay initiative, a targeted residency programme aimed at superyacht owners and senior figures in the maritime sector. The initiative, which offers a 10-year Abu Dhabi Golden Visa, is part of a collaboration between the Department of Culture and Tourism, Yas Marina, and the Abu Dhabi Investment Office. Read more

The UAE is quickly emerging as a hotspot for cybersecurity innovation, with a rising number of entrepreneurs setting up cybersecurity companies to address growing digital threats. This surge is driven by the UAE government’s proactive stance, awarding lucrative contracts to cybersecurity firms to combat online scams and safeguard sensitive data. As digital transformation accelerates across the region, the demand for advanced cybersecurity solutions is creating exciting opportunities for businesses in the UAE. Read more

The economic potential of FIFA 2034 In preparation for the event, Saudi plans to inject $26 billion into infrastructure projects, including airports, transportation networks, and urban developments, to prepare for the influx of an estimated 5–6 million international visitors. This isn’t only for the tournament but is also part of a broader strategy to position the Kingdom as a premier global destination for tourism and investment. Read more

As the capital of the UAE and the largest of the seven emirates, Abu Dhabi attracts professionals and enterprises from across the world. However, companies looking to employ expatriates must secure the appropriate work visas to remain compliant and operate smoothly. Read more

With such a strong real estate sector in the UAE, there is a growing market for setting up Property Investment Crowdfunding Platforms. To do this in the Dubai International Financial Centre (DIFC) involves several steps, as it requires compliance with the DIFC's legal framework and regulations governed by the Dubai Financial Services Authority (DFSA). Read more

The Saudi Qualification Verification Program (QVP), previously limited to specific industries and nationalities, has undergone significant expansion, affecting the work visa application process for foreign nationals. Read more

In a groundbreaking move to boost coastal tourism, the Saudi Red Sea Authority (SRSA) has issued the Kingdom’s first-ever yacht chartering licences. This milestone marks a pivotal moment for Saudi Arabia’s maritime tourism sector, aligning with Saudi Vision 2030’s goals to enhance tourism services, attract investment, and increase international tourist arrivals. Read more

Startups are a driving force behind economic innovation, job creation, and growth. Globally, between 2021 and 2023, the startup economy contributed $7.6 trillion, with continued growth projected as we head towards 2025. Startups attract foreign direct investment (FDI) by offering scalable, high-growth solutions that appeal to international investors, positioning countries with strong startup ecosystems as global investment hubs. Read more