Insights: General
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Dubai has one of lowest unemployment rates
Dubai: Dubai continues to have one of the lowest unemployment rates in the world, the latest Dubai Manpower Survey reveals. The survey conducted by the Dubai Statistic Centre (DSC) shows that unemployment rates in Dubai increased by 0.1 per cent — from 0.3 per cent in 2014 to 0.4 per cent in 2015. Source
August 30, 2016
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Dos and Don’t s for start-ups eyeing UAE free zones
If ever there was a good time to take the plunge and start your own company in the UAE, now must be it. With a government that is openly encouraging entrepreneurs to have a go along with the prospect of Dubai Expo 2020 and all the opportunities it will afford, it is hardly surprising that
GCC States: Dynamic Economies with Downsides
Expats not impressed with quality of life in Gulf region Oman stands out for friendliness of local population Jobs draw expats to the region, but career prospects often disappoint Availability and cost of childcare present challenge to expat parents Source
August 30, 2016
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UNITED ARAB EMIRATES | New Electronic Process for Dependent Visas
The General Directorate of Residence and Foreign Affairs (GDRFA) is now requiring foreign nationals in Dubai to use the new online UAE Vision system for all applications for dependent visas. This system replaces the previous manual process of typing the application at the authorized typing center and submitting the completed application along with required documents
SAUDI ARABIA | UAE Applicants for Visit Visas Required to Purchase Health Insurance
The VFS TasHeel visa application centers for Saudi Arabia located in the United Arab Emirates now require foreign nationals applying for Saudi visitor visas from within the UAE to obtain health insurance covering the duration of their stay in the Kingdom. The cost of the insurance is AED 200 to 400 depending on the level
Hospitality markets in UAE, Qatar to see fastest growth in next four years
The hospitality markets of the UAE and Qatar are expected to grow the fastest in the Gulf region over the coming four years, driven by tourism-related developments, according to the latest report by Alpen Capital, an investment banking advisory firm. Alpen Capital forecasts a growth of over 10 per cent annually until 2020 for these
MENA entertainment market booms
Key sectors are providing a big boost for the Middle East’s professional audio visual and entertainment market, with the world’s leading suppliers of event technology and related equipment lining up to take part in the region’s specialist industry trade show in Dubai this year. Research gathered by Messe Frankfurt Middle East, the organizer of Prolight
August 29, 2016
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Top 10 Arab countries earn $57 billion in tourism
Annual report of the World Tourism Organization (UNWTO) reveals total earnings for top Arab countries in 2015. The top 10 Arab countries on the UNTWO annual report represent 3.8 % of the total international tourism revenue of US $1.5 trillion during 2015. The top Arab countries earned nearly $57.586 billion in international tourism revenue during
Report shows long-term growth of GCC Hospitality
A new report by Alpen Capital reveals ‘immense growth potential’ of the regional hospitality industry, despite a slowdown in 2016. A report by Alpen Capital, an investment banking advisory firm, indicates the GCC hospitality market is expected to grow at a 7.6% CAGR from an estimated US$25.4 billion (AED93.3 billion) in 2015 to US$36.7 billion
August 29, 2016
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