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Businesses in the UAE need to get ready for VAT

vat gcc

Businesses in all GCC countries have been advised to start preparing themselves as the VAT system will soon be introduced. Companies need to do extensive research in order to assess the changes or impacts that the new taxes will bring upon to their businesses in terms of margins and cash flows. They also need to Read more

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8 month high output surge in UAE’s non-oil private sector

uae non oil purchasing

Emirates NBD Purchasing Managers’ Index (PMI) has revealed that the output of UAE’s non-oil private sector has increased suddenly to an eight-month high during May. It was the second highest reading during this year as the PMI rose from 52.8 to 54 in May. The growth of output is attributed as being one of the Read more

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Prices of Property in Dubai Declines

property dubai

Dubai is becoming a more affordable place to live in as the prices for property in the first quarter of 2016 experienced a decline by 5 per cent compared to the first quarter of last year. Purchasers are unquestionably considering their venture choices as the business sector seems, by all accounts, to be bottoming out Read more

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How the UAE is able to achieve peace and harmony amongst its people

uae's expirates

UAE has been able to successfully nurture the diversity of its expatriates by offering them a free environment where they can fulfil all their ambitions and thrive on. UAE currently has more than 200 different nationalities residing in perfect harmony. People in Dubai are able to identify and respect one another’s culture as well as Read more