No fee hikes, new taxes in UAE After a fruitful 2018, the UAE will be starting the new year with an affirmation that will benefit businesses, individuals and the overall economy. The UAE government earlier announced that Federal government fees will not be increased for a period of three years. A decision to this effect was taken during a UAE Cabinet meeting and...
Effectively Measure Strategic Initiatives Measurement for the right side An initiative is a project. In the case of alignment, we use the word “initiative” to describe a strategic project of high importance rather than ordinary, everyday projects that companies have in place. The real measurement of the success of a project is the result it produces. The result is fact-based, but unfortunately,...
UAE launches e-refund system to facilitate refunds The Ministry of Finance (MoF) has launched an e-refund system to facilitate e-Dirham refunds on services and transactions for all federal entities. The e-refund system facilitates and expedites the refund of service charges for clients in federal entities. The system allows customers to register and apply for a self-refund, in adherence with the requirements of...
Dubai's free zones a pillar of economy Free zone trade in Dubai hit Dh394 billion in the first nine months of 2018 with China, Saudi Arabia and India becoming the biggest trading partners of the emirate's 24 free zones. According to official data released on Saturday, free zone trade accounted for 41 per cent of Dubai's total trade, marking a growth rate...
Long-term UAE visa set to benefit professionals in these fields Professionals from medicine, education and technology will be major beneficiaries of the UAE's 10-year visa policy, which will come into effect in 2019, say legal experts. "I think [professionals from] medicine, education and technology and other certain professions such as accounting will benefit from this long-term visa. The 10-year visa to investors...
Much can be learnt from UAE’s workplace diversity It is not hyperbole to say that today’s hyperconnected, technologically-powered world has significantly upended the way companies go from tiny start-up to full-fledged business. In the past, the established trajectory for a successful company was to begin operating in a relatively small, largely familiar market — usually the most immediate one — before...
Boosting Collaboration Within Your Company Collaboration is not just a “pie in the sky” for CEOs to discuss at all-hands meetings. There are demonstrable benefits for companies who make collaboration a tenet of their company culture. One recent study based on 1,100 companies found companies that promoted collaboration in their workflow were 5 times as likely to be high performing. Of course, while...
Entrepreneurship in the Arab world: the opportunities, challenges, the stakeholders and the funding environment Governments across the Arab world have been spending money on consultants to set up incubators and other tools to help those with business ideas create new firms and scale them, as more private sector jobs will be needed to provide employment for a young and fast-growing population. But...
Sustaining the Gains of Your Growing Business Launching a startup is one thing, but you’ll also have to sustain your business’s growth in order to stay competitive. It’s a fact that running a business becomes increasingly complex as your client base grows, and your inventory of products and services expands. On that note, you can bet that there will be threats that could hinder...
PRODUCTIVITY TIPS FOR DEVELOPING BUSINESSES One of the top challenges facing entrepreneurs today is productivity. It seems there’s never enough time in the day to do all that we need to get done. However, stepping up your productivity game can certainly help you get more done in a day. Being more productive just takes a few simple changes and you’ll be...
