Studies and reports

New research* from Old Mutual International and Quilter Cheviot highlights the major role end-of-service benefits play in the retirement plans of workers in the UAE.

Bayt.com, the Middle East’s #1 jobsite, just reported reaching a record of 35 million members in their database of job seekers and professionals. According to Bayt.com’s recent report, 16,000 job seeking professionals are now joining the jobsite every single day.

A year after the UAE rolled out the value added tax (VAT) system, reports noted a smooth and successful implementation of the tax regime throughout 2018 with businesses strictly complying with and continuously expressing their support for the new taxation structure in the country.

From its inception in 1971 up to December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed hundreds of development projects in the renewable energy sector around the world worth AED4.4 billion (US$1.187 billion).

Accountancy and finance body ICAEW says recent developments and plans announced by Dubai’s government highlights the emirate’s promising trajectory towards cementing its influential position as a future-proof global business capital. The plans, which include a geo-economic map for the city, the first virtual commercial city in the region, free economic and creative zones in universities, and Dubai International Financial Center’s (DIFC) expansion plan, aim to accelerate the development of Dubai’s business landscape.