The financial centre saw a steady growth in the number of financially regulated firms establishing their base at DIFC
Family-owned businesses comprise a majority of the UAE’s private sector and significantly contribute to Dubai’s non-oil GDP
The strategy will enable a flexible and diversified future economy, contributing approximately Dhs9bn to the GDP and creating 86,000 job opportunities
Dubai Municipality will partner with private sector companies to implement the sewerage system
The customs authority has set up specialised customs centres and departments to ensure smooth flow of good and services
The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities
According to the latest DET data, Dubai recorded an increase of over 30 per cent in new business licenses issued during Q1 2023 compared to the same period in 2022
Palm Jebel Ali, in its scope is twice the size of the iconic Palm Jumeirah and is part of the portfolio of projects being developed by Nakheel
The rise represents an 8.4 per cent year-on-year increase, and an average annual increase of 13.7 per cent over the last five years
The platform will address metaverse policy development and legislation on open data, digital identity and company law frameworks in the metaverse