Whether we call it a recession or not, one thing is sure, we are going through a severe economic crisis, which will be discussed (once over) in the Economics syllabus and debates, in coming years. In this global crisis, where the likes of United Estates or European economies are feeling the heat, United Arab Emirates economy continues to head into positive direction. All the economic indicators and reports are also confirming to the fact that there will be no slowdown in near future. Let’s have a look at this thriving economy and the contributing factors.
Oil & Gas reserves:
Continue Reading…
Related posts
The opportunities in real estate are mounting very fast, with almost one-third of the cranes on the earth at present being used to build properties in UAE. This explains the bizarre architectural progress and the breathtaking designs there. It is internationally renowned and is well-known as the fastest mounting economy with a growth of more than 13%, chiefly in the Real Estate trade. Due to this rise, a lot of foreign investors are heading towards UAE.
There are many reasons behind the sudden surge in the real estate in UAE. The proficient personnel from all over the planet contributes in the development of the country which results in the overall appreciation of the properties in Dubai. Another factor supporting the real estate investments in UAE is the tax free environment. Though it is surprising, but no taxes are imposed on the property and income dealings in Dubai.
Continue Reading…
Related posts