Economy Articles & Analysis

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Cabinet Affairs & Future 04 396 7555 Culture, Youth & Community Development 800 552255 Defence 04 353 2222 Economy 04 314 1555 Education 800 5115 Energy 800 5115 Environment & Water 02 449 5100 Finance 04 393 9000 Foreign Affairs 04 404 0000 Health 04 230 1000 Higher Education & Scientific Research 02 642 8000 Interior 800 5000...

 

LANGUAGE: Arabic is the official language, although English is the most widely spoken language in Dubai. Public signs are often in both Arabic and English. Other languages in common use include Hindi, Urdu, Tagalog, Persian, Chinese, French and Russian.

 

FAIRMONT DUBAI PO Box 97555 Sheikh Zayed Road Dubai, UAE T: (971) 04 332 5555 F: (971) 04 332 4555 www.fairmont.com/dubai dubai@fairmont.com Rooms: 394 guest rooms and suites feature views of the Dubai skyline. Spaces range from 41-sq-metre Fairmont rooms to the three-bedroom, 548-sq-metre Imperial suite. Cribs and rollaway beds available....

 

The UAE operates the most decentralised system of government finances in the world, according to the IMF. Under the fiscal model, the national government pays for federal infrastructure, including major roads passing through multiple emirates, as well as spending on social services such as health, education and housing, with emirate-level...

 

Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...

 

Small and medium-sized enterprises (SMEs) dominate Dubai’s economy, accounting for around 95% of companies operating in the emirate, according to Dubai SME, the Dubai Department of Economic Development’s SME agency. They also generate nearly 40% of the economy’s value added and 42% of employment. The value-added figure breaks down into a...