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DUBAI ECONOMIC INCENTIVES
Curb your overenthusiasm: Why India must avoid early overregulation while drafting rules for new techIndia faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...- India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
- Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
- UAE draws up economic shield plan to counter Iran war falloutThe United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...
- The Dubai war narrative is looking a little stretchedThe United Arab Emirates faces significant challenges as a US-Israeli war with Iran disrupts oil supplies and impacts its economy. Dubai's ...
- Dubai rolls out AED 1 billion incentives, other measures to boost economyDubai is launching significant economic support measures. These initiatives, worth AED 1 billion, will be in place for three to six months....
- HDFC Bank's ex-chair Atanu Chakraborty breaks silence after abrupt exit, speaks of incongruitiesAtanu Chakraborty stepped down as HDFC Bank chairman after a two-year internal dilemma. He cited a mismatch in understanding values, ethics...
- From ports to policies: How Dubai is rewiring the future of tradeDubai’s integrated logistics, CEPA-driven trade growth, green infrastructure, and hubs such as Bharat Mart are powering its rise as a globa...
- Indian FMCG companies exploring Dubai as base for global expansionDubai government’s chief economist (trade and export development) Ashraf A. Mahate said Indian companies are exploring both manufacturing s...
- Saudi Arabia launches new residency plans to draw foreign talent"The initiative aims to further drive the country's economic transformation by creating employment opportunities and fostering knowledge tr...
- Indian investors invested USD 335 million in Dubai’s market in H1 2023 : ReportIndian investments (FDI) in Dubai nearly doubled from 2020 to 2022, reaching USD 541 mn in 2022. The first six months of 2023 accounted for...
- Dubai house prices to rise for first time in six years in 2021The city state's real estate sector has been weak for years due to chronic oversupply coupled with low economic growth, a problem exacerbat...
- Move in or lose out: Saudi Arabia’s ultimatum unsettles firmsThe millions of dollars in costs, sudden policy changes and arbitrary legal rulings mean companies will need to weigh the risks of moving t...
- Dubai's Fast-track Growth
- Abu Dhabi Investment Office opens eight global offices to attract investorsAbu Dhabi, a major oil producer and home to some of the world's biggest sovereign wealth funds such as the Abu Dhabi Investment Authority (...
- Dubai ruler approves $15.5 bn budget for 2021 as economic recovery seenThe statement did not give a comparison to actual spending in 2020, but the size of the 2021 budget is below the 66.4 billion dirhams it ha...
- Dubai's economic stimulus ensures business continuity & development of the SME sectorThe Dubai government announced a stimulus package worth AED 1.5 billion to support its citizens, residents and investors from the global ec...
- Market gloom likely to persist after weak Asian openingMiddle East markets are likely to remain weak as a bleak long-term outlook for oil prices and a downbeat opening on Asian bourses offer lit...
- Dubai allows Hindujas to offer full range of banking servicesThe Dubai Financial Services Authority has upgraded the Hinduja Bank's licence, a move that will allow it to provide a whole range of finan...
- UAE's handouts ruin dream of an Emirati-run economyThe handouts, based on traditions of royal patronage dating back centuries to Bedouin society, now discourage citizens from working, academ...
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