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October, 2020

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Dubai remains one of the most preferred destinations for investors. The latest official figures from Dubai Investment Authority shows that a total of Dh46.6 billion in FDI entered Dubai in the first half of 2019. In the first half of 2019, Dubai attracted 257 FDI projects with 61% of total projects being greenfield, 27% new forms of investment, 6% reinvestments, 5% made via mergers and acquisitions, and the remaining …

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UAE has most diversified GCC economy. The IMF had projected a 1.3% growth in 2021 for the UAE.

Dubai International Airport (DXB) is the world’s busiest in terms of international passenger traffic. DXB received 86.4 million passengers in 2019. Flights from DXB go to 270 destinations across the world. DXB hosts 140 airlines, and the total number of flights reached 373,261 in 2019.

Renewable energy plays a crucial role in the UAE’s economic growth & diversification plans. The UAE aims to bolster its regional position as a role model for sustainable development. 1. The UAE has consistently demonstrated its willingness to be a world-leading advocate of clean energy technology. The country is looking to increase its target for power generation from clean energy to 30% by 2030. 2. The UAE leadership aims to enhance …

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October, 2020 - Baizac