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Newsletter September 2022

Dear Friends and Clients, It is interesting to read that Arab youth have already chosen the UAE as their favorite country for 11 years. Ultimately, it is the youth, who will shape our future and on whom we must build when in our advanced years we can only look back rather than forward. Is it

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Dubai – Among the top corporate nomad destinations

With the office evolving to a new, flexible model, executive nomads have considered looking for destinations where they can both work and have the lifestyle of their dreams. According to Harvard Business Review, corporate nomads are individuals who, while maintaining a full-time employment relationship with their organizations, will increasingly participate part-time in geographically dispersed initiatives

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Newsletter August 2022

Dear Friends and Clients, The economic forecasts are for fair weather. The COVID pent-up demand is yielding results, with growth forecasts in the Middle and the Far East of 3 to 7%. There is also some movement in the political stagnation. While in Myanmar the junta still holds the country by force of arms for

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Top 5 challenges of doing business in the UAE

The UAE has become a business hub for investors looking for a central location for international expansion. UAE’s favorable tax structure, simple legal framework, and business-friendly atmosphere make it a popular destination for businesses and investors. The process of setting up a business in the UAE is quite easy compared to other western countries, but

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Investment opportunities in the UAE

Currently ranking 4th in the 2021 Best Countries to Invest In, the UAE is regarded as one of the world’s top investment destinations. It has a thriving international market, tax-friendly policies, and a solid social and economic framework. With excellent infrastructure facilities, exceptional human resources and services, and a focus on smart governance, it provides

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UAE’s latest labour regulations

The UAE continues to promote new priority sectors and boost its competitiveness and attractiveness so as to be among the world’s most active economies. The Ministry of Human Resources and Emiratisation (MOHRE) has announced several labour regulations since the new Federal Decree-Law No. 33 of 2021 was implemented on 2nd February 2022. Compliance must be

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Dubai’s real estate momentum continues in 2022

A record number of transactions worth AED 114.5 billion were recorded in the first half of 2022 for the Dubai real estate market. June 2022 surpassed a 13-year record for sales volume, with over 41 percent growth over 2021. A total of 8,850 transactions worth AED 22.10 billion were recorded in June, making it the

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Newsletter July 2022

Dear Friends and Clients, I spent the last few weeks in Europe and sounded out the sensitivities a bit. Central and southern Europeans showed different positions on the economic and political outlook. While the Central Europeans look ahead with fear and see the conflict on the eastern edge of Europe as a threat to the

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UAE: Attractive M&A hotspot in 2022

Merger and acquisition transactions in H1 2022 in the UAE summed up to $12 billion, an increase of 88 % over the same period in 2021 (Refinitiv’s Middle East and North Africa (MENA) Investment Banking Report 2022). Within the region, UAE ranked first in terms of deal volume with 303 transactions as reported in May 2022.

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Ras Al Khaimah – World-class destination for leisure, business travels and our Headquarters

Ras Al Khaimah is a 45-minute drive north of Dubai and is considered the UAE’s 4th largest Emirate. It features a 64-kilometer coastline, lush mangroves, a beautiful desert landscape, rich culture, and is home to the UAE’s highest mountain peak – Jebel Jais. RAK aims to be a leader in sustainable tourism by 2025 and

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