Badr Al-Olama

Resilience - UAE bounces back after heavy rains in 75 years ! The UAE received the heaviest rainfall on record on Tuesday over a 24 hour period. The National Centre of Meteorology confirmed that the record rainfall that fell on the country during the 24 hours until 9 pm on Tuesday, April 16, 2024, is an exceptional event in the UAE's climate history since the start of recording climate data. People often ask why UAE is loved so much by people across the world. The answer is simple: it's not just the dazzling buildings or cutting-edge technology that make this place so lovable, it's the people of this nation and our great leaders. Yesterday, UAE witnessed heavy rains, swept through our streets like no other in the last 75 years. It was an unique incident for UAE and for all of us, but what stood out was our community's response, the true spirit of the people of UAE. While the phones were lit up frequently with weather warnings the most important factor was the heartfelt messages from UAE family, friends, neighbors, and colleagues, all reaching out to ensure each other's safety. It was incredibly moving. The response was swift and profound, reflecting not just the efficiency of our government but, most importantly, the heart and soul of our community. The countless acts of kindness from the most inspiring people is worth a mention here. Everyone was seen to be pitching in, from our Leaders to Executives, Professionals, Business owners, our youth, and the everyday folk that we see everyday. We could see shop owners handing out free meals to those stuck in traffic, professionals offering free services, and neighbors checking in on one another irrespective of their nationality. None of this was previously organized nor was never mandatory, but it is just what we do here which is why UAE is loved by all. While our leaders ensure our safety and work towards business continuity, we, the people, work on supporting each other. If you're feeling stressed or need support during these difficult times say the word. Your extended family is here everywhere and there’s always someone ready to lend a helping hand. That's the heart of the UAE and that is the spirit of UAE 🇦🇪 Stay safe! The Private Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi for Strategic Alliances and Policies #uae #dubai #abudhabi #community #leaders #uaerains#

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"World invests in UAE": Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE, and Ruler of Dubai, highlights the UAE's success in creating an exceptional investment environment. Despite a global decline in FDI in 2023, the UAE achieved a remarkable 35% increase, reaching about Dh112 billion. The UAE now ranks second globally, after the US, for new FDI projects in 2023, and first in the Arab world, West Asia, and the Middle East. This milestone aligns with the government's vision to be among the top 10 globally by 2030. Sheikh Mohammed's commitment to fostering an attractive investment climate is clear: "Whoever bets on us, we will bet on them." The UAE continues to be a beacon for global investors, driving growth in key sectors and contributing to a resilient global economy. #UAE #Investment #FDI #GlobalEconomy #SheikhMohammed #UNCTAD #Business #Growth #EconomicDevelopment https://lnkd.in/d5GvmQu2

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𝗧𝗵𝗲 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 𝗦𝗲𝗰𝘁𝗼𝗿 𝗖𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝘀 $𝟱𝟯 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮'𝘀 𝗘𝗰𝗼𝗻𝗼𝗺𝘆 🔸️The GACA - General Authority of Civil Aviation - Saudi Arabia ) has announced that the #aviation sector in the #Kingdom contributes $53 billion to the #GDP, reflecting a vital role in supporting #EconomicGrowth and achieving the objectives of Saudi #Vision2030. These statistics were included in the first edition of the "𝘚𝘵𝘢𝘵𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘈𝘷𝘪𝘢𝘵𝘪𝘰𝘯 𝘚𝘦𝘤𝘵𝘰𝘳 𝘪𝘯 𝘵𝘩𝘦 𝘒𝘪𝘯𝘨𝘥𝘰𝘮" report, which will be launched during the "Future Aviation Forum 2024," held under the patronage of King Salman bin Abdulaziz Al Saud from May 20 to 22, 2024, in #Riyadh, under the theme "𝘌𝘯𝘩𝘢𝘯𝘤𝘪𝘯𝘨 𝘎𝘭𝘰𝘣𝘢𝘭 𝘊𝘰𝘯𝘯𝘦𝘤𝘵𝘪𝘷𝘪𝘵𝘺." 🔸️The report reveals that ✔️the civil aviation sector contributes $20.8 billion through aviation activities ✔️and $32.2 billion from the #tourism sector, ✔️providing 241,000 direct #job opportunities in the aviation sector and approximately 717,000 jobs in the tourism sector. 𝘒𝘦𝘺 𝘍𝘪𝘨𝘶𝘳𝘦𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘈𝘷𝘪𝘢𝘵𝘪𝘰𝘯 𝘚𝘦𝘤𝘵𝘰𝘳 𝘙𝘦𝘱𝘰𝘳𝘵: 🔹️ #SaudiArabia surpassed the global average growth in international seat capacity by 123% compared to pre-COVID-19 levels, while the global and regional recovery averages are 90% and 95%, respectively. 🔹️ The annual growth rate in the number of passengers reached 26%, with 112 million passengers last year. 🔹️ The Kingdom plans to invest over $100 billion in the aviation sector by 2030, including $50 billion for airport development and $40 billion for purchasing new aircraft. Importance of Establishing "Riyadh Air | طيران الرياض ": 🔹️ Enhancing Global Connectivity: Riyadh Air will contribute to improving the Kingdom's international air connectivity, enhancing its position as a logistics hub in the region. 🔹️ Boosting Tourism: It supports the Kingdom's goal to attract 150 million visitors by 2030, enhancing the tourism sector's contribution to the economy. 🔹️ Creating Job Opportunities: Riyadh Air will provide thousands of job opportunities in aviation and logistics services. 🔹️ Achieving Vision 2030 Goals: It aligns with the national strategy for transport and logistics services, enhancing the Kingdom's transformation into a global air transport hub. ✈️ The "#FutureAviationForum2024" will showcase #investment opportunities and strategic developments aimed at #transforming the #Kingdom into a leading #logistics hub in the #MiddleEast. The conference will see participation from over 100 countries and 5,000 experts in the aviation industry. Stay tuned for more updates and details on this significant event. #Aviation #SaudiArabia #Economy #Vision2030 #FutureAviation

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Saudi Arabia Halts Major Projects, What Does the Minister of Finance Say? This is how the Western media reports it, or perhaps how they wish to portray it; I am not sure.🫣 🔆 In his interview on Podcast Thmanyah | ثمانية on March 5, 2024, the Saudi Minister of Finance clarified that a comprehensive study was conducted to determine the needs of various projects and strategies. He explained that ▪️some projects would be accelerated, ▪️others would have their implementation periods extended, ▪️and the commencement of some new projects would be postponed. He emphasized that there are strategies that can be achieved through policies rather than financial expenditure, aiming to balance economic growth with the ability to execute projects efficiently. 🔻It is important to note that this interview was conducted before any circulating rumors, indicating that the minister's statements were not reactions or justifications but part of a pre-planned strategy. 🔆 My Opinion as a Businessman: ⁉️ #SaudiArabia has won the bid to host Expo Riyadh 2030, which means it will host 40 to 60 million international #visitors over six months. Should I reschedule my #projects to accelerate the completion of projects in #Riyadh and extend the timelines for others? The answer is clear. To maximize my financial, political, and social returns, I must seize this unique opportunity. ⁉️ If Saudi Arabia wins the bid to host the #WorldCup2034, should I accelerate my sports projects, initially scheduled to be completed by 2040, and finish them by 2023 to gain the most benefit from the event? Should I look for projects that can have their timelines extended? Again, the answer is clear. 🔆 It is wise and smart to be flexible and seize opportunities rather than be constrained by policies that limit your gains. In the end, balancing the acceleration of major projects and extending others is not just a strategic step, but it also demonstrates Saudi Arabia's ability to adapt to changing circumstances and exploit opportunities for sustainable development. 🔆 In an interview with FOX News, #CrownPrince Mohammed bin Salman stated that 𝙎𝙖𝙪𝙙𝙞 𝘼𝙧𝙖𝙗𝙞𝙖 𝙞𝙨 𝙩𝙝𝙚 𝙨𝙩𝙤𝙧𝙮 𝙤𝙛 𝙩𝙝𝙞𝙨 𝙙𝙚𝙘𝙖𝙙𝙚, pointing to the significant economic and political developments occurring in the kingdom, placing it at the heart of global events. 💡 Anyone who holds this belief is not concerned with the negative critics or those who wish for your failure. 𝗕𝗲 𝗮 𝗱𝗿𝗲𝗮𝗺𝗲𝗿, 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗲, 𝗮𝗻𝗱 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹, 𝗮𝗻𝗱 𝗔𝘁𝘁𝗿𝗮𝗰𝘁 𝗼𝘁𝗵𝗲𝗿 𝗱𝗿𝗲𝗮𝗺𝗲𝗿𝘀, 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗲𝘀, 𝗮𝗻𝗱 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀.

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Great article explaining the global growth of family offices, with wealthy families relocating to cities like Dubai for wealth preservation and capital appreciation. Kashif Ansari of Juwai IQI notes that family offices globally hold $6 trillion in assets under management. The rise of family offices in Dubai is expected to boost the real estate sector significantly, with Juwai IQI projecting $10-12 billion of investment in Dubai's real estate market in 2024. Is Dubai emerging as the new powerhouse for wealth management? What are your thoughts?

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Why is the UAE attracting record levels of Foreign Direct Investment (FDI)? Well, it's no secret that FDI in the UAE has skyrocketed in recent years. Compared to the relatively slow investment scene between 1960 and 2000, the country has seen an incredible surge in FDI since the start of the new millennium. So, what's behind this impressive growth? Let's take a look at some key factors that influence FDI in any country: 1. Infrastructure: The UAE has made some serious investments in its infrastructure, and that's been a major draw for foreign investors. They've got some impressive projects going on, like the Etihad Rail Project, which makes it easier to transport goods for export. Then there's the expansion of Jebel Ali Port, which increases trade capacity and speeds up the movement of goods. And let's not forget about the futuristic HyperLoop One Project, which promises to revolutionize transport efficiency. 2. Tax Incentives: The UAE has also made some favourable changes in their regulations, particularly when it comes to taxes. Since December 1, 2020, foreign investors have owned 100% of companies in the UAE, a big jump from the previous cap of 49%. On top of that, they offer a bunch of other incentives like 40 free zones for company incorporation, permission to invest in all economic activities, no minimum capital requirements, no income tax, full profit transfer, golden visas for investors, low custom tariffs, and specific benefits for industrial sectors. Talk about rolling out the red carpet! 3. Political Stability: Another factor that has attracted FDI to the UAE is its political stability. Investors like to put their money in places where there's a stable government and a predictable business environment. The UAE has managed to maintain a strong political climate, which gives investors the confidence to invest in the country. 4. Trade and Integration: The UAE's strategic location plays a big role in attracting FDI. Situated between Europe, Asia, and Africa, it's a perfect gateway for trade and business. The country has also established strong trade relationships with various countries, making it an attractive hub for international trade. So, all these factors combined have made the UAE a magnet for foreign direct investment. Their top-notch infrastructure, favourable regulations, and comprehensive investment incentives have created an environment that's just too good for investors to resist. It's no wonder the UAE has become a global hub for business, trade, and innovation, attracting investors from all corners of the world. #FDI #UAE #dubai #ai #technology #startups #karthikramankr

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Saudi Arabia to reveal $100bn in investment opportunities at aviation forum Aviation suppliers will be briefed on expansion plans for new airline Riyadh Air, as well as leading regional airlines including Saudia, Flynas and Flyadea Minister for Transport and Logistics Services Saleh-Al-Jasser: Saudi Arabia is presenting aviation investment opportunities that are unmatched globally Minister for Investment Khalid Al-Falih: Aviation is a key investment sector and enabler of the Kingdom’s broader economic transformation The world’s largest aviation investors will descend on Riyadh later this month for the Future Aviation Forum, where Saudi Arabia will unveil more than $100 billion in investment opportunities to enable its ambitious Saudi Aviation Strategy. The forum’s investment showcase will highlight projects and incentives to attract investment into the Kingdom’s booming aviation sector, including airports, airlines, ground services, cargo and logistics. In the $100 billion in investment opportunities, airports account for more than $50 billion, new aircraft orders about $40 billion, while the remaining $10 billion is earmarked for other projects, including $5 billion in special logistics areas around the main airports in Riyadh, Jeddah, and Dammam. Minister for Transport and Logistics Services Saleh-Al-Jasser, who will open FAF24, said: “Saudi Arabia is presenting aviation investment opportunities that are unmatched globally, as the Saudi Aviation Strategy triples passenger numbers, connects to more than 250 destinations and handles 330 million passengers and 4.5 million tonnes of cargo by 2030.” Minister for Investment Khalid Al-Falih, who will open the investment showcase, added: “Saudi Arabia is the world’s new investment hub, targeting $3.3 trillion in investment by 2030. Aviation is a key investment sector and enabler of the Kingdom’s broader economic transformation. The aviation investment showcase will provide investors with unparalleled access to participate in the Kingdom’s transformation.” https://lnkd.in/deDshRGT By arabnews عرب نيوز

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Why Understanding PIF Is Key to Grasping Saudi Arabia's Bold Economic Transformation The Public Investment Fund (PIF) is the driving force behind Saudi Arabia's Vision 2030, aspiring to become the largest sovereign wealth fund in the world by 2030 and the biggest supporter and capital investor in Saudi Arabia, even becoming the greatest capital investment from the government. The fund relies on multiple income sources to achieve this ambitious goal, strengthening its pivotal role in transforming the Saudi economy into a sustainable and diversified one. 𝐏𝐈𝐅'𝐬 𝐒𝐨𝐮𝐫𝐜𝐞𝐬 𝐨𝐟 𝐈𝐧𝐜𝐨𝐦𝐞: 1. Government Capital Injections: This refers to the direct funding the Saudi government provides to support PIF's major projects. 2. Transferred Government Assets: This includes the transfer of ownership of government-owned companies or large real estate assets to PIF. 3. Loans and Debt Instruments: PIF raises capital by issuing bonds and sukuk in local and international markets. 4. Returns from Investments: The reinvestment of returns generated from PIF's existing investments to fund new projects. 5. Sale of Matured Assets: PIF employs a strategy of selling matured assets after maximizing their value while retaining a controlling stake. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐒𝐞𝐜𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐍𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: 1. Aerospace and Defense: 5 co. 2. Automotive: 3 co. 3. Construction and Building Components and Services: 6 co. 4. Consumer Goods and Retail: 6 co. 5. Entertainment, Leisure, and Sports: 8 co. 6. Financial Services: 12 co. 7. Food and Agriculture: 5 co. 8. Healthcare: 3 co. 9. Metals and Mining: 3 co. 10. Real Estate: 15 co. 11. Telecom, Media, and Technology: 5 co. 12. Transport and Logistics: 3 co. 13. Utilities and Renewables: 10 co. 𝐓𝐲𝐩𝐞𝐬 𝐨𝐟 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: 1. MENA Investments: 13 co. 2. International Investments: 12 co. 3. Local Real Estate Investments: 1 co. 4. Local Investments: 31 co. 5. Wholly-Owned co.: 33 co. 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐏𝐨𝐨𝐥𝐬: 1. Global Strategic Investments Pool: 7 co. 2. Global Diversified Investments Pool: 1 co. 3. Sectoral Development Investments Pool: 54 co. 4. Saudi Equity Holdings Pool: 14 co. 5. Saudi Real Estate and Infrastructure Development Pool: 19 co. 6. Saudi Giga-Projects Pool: 5 co. 💡 This diversity is part of a meticulously crafted strategic framework. You won’t fully grasp why Saudi Arabia invests so heavily in sports unless you understand the broader investment strategy. And you can’t truly comprehend this strategy without understanding the PIF's objectives. Furthermore, you won't fully appreciate the PIF’s strategy unless you understand Saudi Vision 2030, as the fund is one of its eleven key programs. Therefore, misguided judgments often arise from systematically analyzing a single project without considering the broader investment strategy and Vision 2030.

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Interview with Lubna Bouza on Sky News Arabia Business with Lubna Show. If you are an Arabic speaker and not watching Lubna's show, then you are missing out! The below interview is what happens when two very good friends get together for chat on high-stake subjects. We forget we are in front of cameras and just discuss things: Russia The sanctions on Russia through weaponizing the USD, SWIFT, and isolating the country have largely failed. Russia now has over $600 billion in foreign currency reserves, plus substantial gold holdings. This isolation has accelerated the BRICS agenda, with recent meetings showing an image of the West as increasingly isolated. Blocking Russia from SWIFT has also proven counterproductive, limiting the sanctioning nations' visibility into Russia's financial activities. Without SWIFT, intelligence on cross-border transactions is compromised, weakening sanctions and reducing the effectiveness of global financial influence. Iran/Israel War For the first time, the Iran-Israel conflict has become a direct war, with both countries engaging in active bombings. After Iran’s missile attack on Israel on October 1, Israel planned a large-scale retaliatory strike. However, a notable earthquake on October 8-9 delayed these plans, leading to speculation of a possible nuclear test by Iran. Although Israel's response was more limited, ongoing threats indicate no easing of tensions, potentially risking a wider conflict. The international situation is marked by numerous flashpoints, such as North Korea/South Korea, China/Taiwan, and Russia/Ukraine, creating a geopolitical tension reminiscent of pre-WWII conditions. US A potential Trump victory could initially boost U.S. stock markets through corporate tax cuts and deregulation. These measures would likely drive investment and profitability, spurring a market rally. However, trade tariffs could reintroduce inflationary pressures by raising import costs. Labor shortages due to stricter immigration policies could further strain industries reliant on undocumented workers, increasing wages and inflation. Short-term market gains may be offset by rising costs and potential unemployment challenges as companies grapple with higher operating expenses. Gold Amid geopolitical tensions and U.S. economic risks, the dollar’s declining value against gold has driven gold prices to record highs. If these factors persist, gold prices are expected to rise, with occasional price dips offering potential buying opportunities. We remain fully invested in multiple countries's financial markets, while operating from the safest country for doing business: the United Arab Emirates. Thank you Hazem Shaikh for having me again.

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Saudi Arabia Set to Welcome 300 Millionaires in 2024 British consultancy firm "Henley & Partners - The Firm of Global Citizens®" predicts that up to 300 millionaires will move to Saudi Arabia in 2024, as the Kingdom continues to attract high-net-worth individuals. In its latest report, Henley & Partners stated that the Saudi capital, Riyadh, along with Jeddah, has become increasingly popular among migrating millionaires, especially from North Africa and the Middle East. The company explained: "In our view, these two cities have the potential to attract large numbers of wealthy expatriates in the future." Dominic Volek , Head of Private Clients at Henley & Partners, mentioned that 2024 will be a pivotal year for global wealth migration. "An estimated 128,000 millionaires are expected to move to new locations around the world this year, a record number surpassing the previous high of 120,000 set in 2023. This occurs amid a world grappling with a perfect storm of geopolitical tensions, economic uncertainty, and social unrest," Volek stated. He added: "In many ways, this massive millionaire migration is a leading indicator, signaling a profound shift in the global landscape of wealth and power concentrations, with far-reaching implications for the future trajectory of the countries they leave behind or those they make their new home." 📈 Saudi Arabia ranks tenth globally in attracting millionaires, reflecting a significant growth in its ability to draw wealthy individuals in the future. 𝗡𝗲𝘁 𝗟𝗼𝘀𝘀𝗲𝘀 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 📉 According to the analysis, China is expected to be the largest loser of millionaires globally in 2024, with a net outflow of 15,200 wealthy individuals this year, compared to 13,800 in 2023. 📉 The report highlighted that the United Kingdom is projected to experience an unprecedented net loss of 9,500 millionaires in 2024 - the second largest after China, and more than double the 4,200 millionaires who left the country last year. #saudiarabia #jeddah #riyadh #middleeast #millionaires #usa #london #canada #australia #europe #unitedkingdom

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Starting a Business in the GCC: A Simplified Guide Dubai and many GCC countries offer promising opportunities for aspiring entrepreneurs. Let's clarify some common misunderstandings and simplify the process of establishing business: No Local Sponsor Required: Contrary to popular belief, you don't always need a local sponsor to start a business in the GCC. Free zones, allow full ownership for foreign investors nowadays mainland also provide full ownership except for few activities . Affordable Licensing: Obtaining a trade license in Dubai can be surprisingly cost-effective, sometimes as low as AED 5795, plus any relevant consulting fees. The process is efficient and can even be completed within no time. Free Zones: Your Business Hub: Dubai boasts numerous free zones, each catering to specific industries. These zones provide various incentives, including tax exemptions, simplified company setup, and full ownership. Selecting the right free zone depends on your specific business requirements. Expert Assistance: Seeking a professional guidance can save time and ensure a smooth setup. Consultants like myself can help with legal matters, licensing, and other essential aspects. Budgeting Essentials: In addition to licensing fees, consider expenses such as visa processing, office space, and operational costs. A well-defined budget is crucial for a successful venture. Want to begin your entrepreneurial journey in the GCC? Remember, knowledge is power. Conduct thorough research, seek expert advice when necessary, and seize the exciting opportunities this Country presents. Click the link below to understand better ! https://lnkd.in/dYPsCd4j Let's connect and discuss your business goals! 🤝 #DubaiBusiness #GCCentrepreneurs #BusinessSetup #FreeZones #CompanyFormation

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Lets talk about startups working on detecting unconscious biases in workplaces

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In recent decades, the Gulf region has emerged as a major economic power, influencing the global economy through its vast natural resources, strategic investments, and ambitious visions for a diversified future. The volume of trade between the Kingdom of Saudi Arabia and the other Gulf Cooperation Council (GCC) countries grew by an estimated 13% from the same period a year earlier. Trade value increased about SAR6,363 billion, reaching SAR55,583 billion in the fourth quarter of 2023, compared to SAR49,219 billion in the same period of the previous year. Bahrain came in second place with a value of SAR2,295 billion, representing 11.04% of the total. Kuwait was third with a value of SAR1,819 billion, representing 8.8% of the total. Qatar came fourth with a value of SAR1,447 billion, representing 7% of the total, while Oman ranked fifth with a value of SAR1,234 billion, representing 6% of the total. While the world once viewed the Gulf primarily as a source of oil, today it stands as an economic hub ready to impact sectors ranging from tourism to technology. This transformation is not only redefining the economic trajectory of the region but is also positioning it as a key player in the global economy.

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Emirates ID is a multi-functional identity card issued to residents of the UAE. It is mandatory for all citizens and residents of the country and is issued by the Federal Authority for Identity and Citizenship. What are the benefits of #EmiratesID? ▪️Right of Residence. Emirates ID grants the right to reside in the UAE for an extended period of time. ▪️ Unrestricted entries and exits. With this ID, residents are free to enter and leave the country without restriction. ▪️ Access to medical care. Holders of the document are entitled to international health insurance, allowing them to receive quality medical care both within the UAE and abroad. ▪️ Right to work and do business. Emirates ID gives residents the right to work and do business in the country, which opens up many opportunities for professional growth and entrepreneurship. ▪️ Education. Emirates ID holders can study commercially in all local educational institutions. ▪️ Visa-free travel. The ID allows holders to travel visa-free to a specific list of countries, and simplifies the process of obtaining a Schengen or US visa. ▪️ Financial Services. With Emirates ID you can open a bank account, take out a loan and obtain a driving licence. This is just a small list of the benefits of obtaining an Emirates ID. This document plays a key role in integrating residents into life in the UAE, providing them with a wide range of opportunities and services that make their stay in the country comfortable and safe. MASTERPIECE GROUP professionals can help you quickly and easily process this important document to make your dreams of #livingInTheUAE a reality! #UAEvisa #residentUAE #consultingUAE #DubaiVisa #livingabroad #movingtoDubai #EmiratesID

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Key Focus for New Trading Businesses in the UAE Free zones in the UAE are very attractive for new businesses. If you're involved in trading and distribution overseas or selling to resellers in the UAE, setting up in a designated zone is great because you get a 0% tax rate. Ali Nawaz, from Sovereign Corporate Services highlights this benefit. But if you plan to sell directly to end-users within the UAE, setting up a mainland entity is the better choice. From my perspective, it's important to understand your business model and target market before deciding where to set up. The choice between a free zone and mainland can affect your taxes, costs, and market access. Knowing these details helps you make the best decision for your business success in the UAE. ##compliance #legalrequirements #businesssuccess #UAE #entrepreneurship #businesssetupUAE #businesssetup #mainland #freezone #economicgrowth #businessconsultantsuae #uaebusiness #successtips #businessrulesUAE #companyformation #legalcomplianceUAE #goldenbusinessrulesUAE #freezonecompanyformation #UAEfreezones

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The growth of the UAE’s dynamic and diversifying economy continues on a strong upwards trajectory. This predictable and sustainable economy growth remains a fertile incubator for international businesses looking to move into the UAE market space in a wide spectrum of tech based sectors. #uae #uaeinvestment #uaetechnology

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