Artificial intelligence (AI) could help increase the UAE’s gross domestic product by 35 percent by 2031, according to a new report.
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Sheikh Hamdan: Dubai among the most advanced economies in the world
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council said Dubai’s rising global rankings in a range of economic indicators show that it is closing the gap with the world’s most competitive economies. 0 6443
Emerging tech to open new doors for GCC-Latin America
Developing the latest technologies and innovation can open new avenues for opportunities between Latin America and the GCC, according to industry experts.
Booming fintech industry takes spotlight in Dubai
Over than 400 leaders in the industry of fintech have gathered in Dubai to discuss the latest innovations and the future of fintech for the global and regional markets.
Dubai is one of the best cities for innovation
Dubai has again improved its innovation performance, climbing one spot to rank 14th among 30 global cities in the third Dubai …
UAE to launch centre for cultivating Industry 4.0 projects
The UAE will co-launch with the World Economic Forum (WEF) a centre for the fourth industrial revolution in the country.
Gulf IT professionals optimistic about salary hikes
A recent study released by Hays Recruiting revealed that professionals working in the IT sector in the Gulf are more optimistic about the prospects of a pay rise as compared to professionals in non-IT roles.
MoF: UAE VAT to enable knowledge-based economy
UAE’s Finance Undersecretary Younis Haji Al Khoori has highlighted that the implementation of value-added tax (VAT) will enable the nation’s government to build a sustainable knowledge-based economy and as well as impacting its competitiveness.
FTA debuts online platform to prepare UAE businesses for VAT
The Federal Tax Authority (FTA) has launched a new website aimed at providing businesses and consumers with a wealth of information on the upcoming introduction of excise tax and VAT in the UAE.
Dubai Economy launches ‘Instant Licence’ service
For general trade licence procedures through the Smart Lounge or the website, applicants must be personally present to create a new account for Dubai Smart ID and to obtain a username with the original ID for accessing Dubai Economy’s website for accessing the Instant License Service.
Dubai FDI, Dubai Exports innovation mission heads to Canada
A Dubai Government delegation led by Dubai Investment Development agency, an agency of Dubai Economy, will leave on a five-day mission to Canada, to present the strategic advantages of Dubai as an emerging knowledge economy and gateway to fast growing markets in and around the Middle East, North Africa, CIS and the Indian Subcontinent.