Announcements – Amak Group Business Services https://amak-group.net Sun, 21 Nov 2021 08:05:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.5 https://amak-group.net/wp-content/uploads/2021/08/cropped-AMAK-group-logo-3-32x32.png Announcements – Amak Group Business Services https://amak-group.net 32 32 Dubai Design District https://amak-group.net/2019/03/19/dubai-design-district/ https://amak-group.net/2019/03/19/dubai-design-district/#respond Tue, 19 Mar 2019 08:45:47 +0000 http://newstar.omnicom-dev.com/magazine/?p=1 The Middle East’s premier creative platform dedicated to design, fashion, architecture, art and retail

Dubai Design District (d3) is a community dedicated to the art and design industries. In line with Dubai’s position as a leading business destination, d3 serves as a vibrant innovation hub that enables both international brands and the region’s growing number of designers, creative professionals and artists to unite, create and inspire.

With state-of-the-art infrastructure designed to meet the needs of the industry and a business-friendly framework, the community offers creative talent the tools to drive innovation that permeates through various areas of Dubai’s economy, further reinforcing Dubai’s status as a UNESCO Creative City of Design.

]]> https://amak-group.net/2019/03/19/dubai-design-district/feed/ 0 Dubai Internet City https://amak-group.net/2019/01/03/dubai-internet-city/ https://amak-group.net/2019/01/03/dubai-internet-city/#respond Thu, 03 Jan 2019 09:49:38 +0000 http://newstar.omnicom-dev.com/magazine/?p=114 The region’s largest business community for technology

Dubai Internet City is the region’s leading tech business community and a place where innovators and entrepreneurs from all over the world work, connect and share their vision for a bold new tomorrow.

The community is home to more than 1,600 tech companies including fortune 500 and SMEs who come together to drive Dubai’s ambitious digital strategy forward. Companies such as Google, MasterCard, Microsoft and IBM, as well as homegrown startup success stories such as Careem, Souq, Yahoo! Maktoob and Property Finder are set up in Dubai Internet City.

]]> https://amak-group.net/2019/01/03/dubai-internet-city/feed/ 0 Top reasons to invest in Dubai https://amak-group.net/2018/12/23/top-reasons-to-invest-in-dubai/ https://amak-group.net/2018/12/23/top-reasons-to-invest-in-dubai/#respond Sun, 23 Dec 2018 14:44:43 +0000 http://newstar.omnicom-dev.com/magazine/?p=287

Top reasons to invest in Dubai

Resilient and Dynamic Economy

A diversified economy bolstered by strong economic fundamentals

Smart City Incubating Innovation

Enables a culture of innovation and digitization becoming home to the Middle East’s First Unicorn

Empowering Institutions

Advocates future-ready regulations and leads the region in governance, government effectiveness, and Efficiency

Connecting Worlds

Strategic Location “Where East Meets the West”, connects the world as a gateway to two-thirds of the world’s most attractive growth markets

Business Made Easy

Starting a Business In 5 Minutes and 1 Step, ranks 1st regionally and 16th globally on the ‘Ease of Doing Business’ report

Cutting-Edge Infrastructure

Boasts state-of-the-art roads, ports, and airports to serve one of the world’s busiest gateways into the region for business, commerce, and tourism.

Magnet for Talent

Boasts the highest percentage of talented foreign labor force globally with an exceptional standard of living

Outstanding Trade and Logistics

Acts as a gateway to the region and a central hub for global trade flows

100% Business Ownership

Being an attractive and dynamic business launch location, Dubai now welcomes foreign investors to fully own their mainland business, in a significant amendment to a decades-old Commercial Companies Law, stipulating that an Emirati national must be the majority shareholder with 51% of the shares, while foreign investors could only own up to 49%.

The lifting of restrictions on foreign investment ownership continues a series of measures aimed at empowering not only an investor-centric, and innovation-driven economy but also one that is responsive and agile.

Click here for a list of all business activities that are applicable for 100% foreign business ownership.

Dubai is considered the largest business city in the UAE according to the World Bank’s Ease of Doing Business Report for over 15 years, with a population of 3.4 million individuals living in the city, 16.73 million visitors, an area of 4,114 km², and an unemployment rate of 0.5%.

With a futuristic outlook, Dubai has embarked on a journey to transform its business environment and become the leading location for investors globally.

Dubai’s efforts to streamline regulation, support innovation and digitization, provide world-class logistics and infrastructure, and develop human capital have paved the way for its premier position today as the preferred destination for FDI.

Resilient and Dynamic Economy

With an aim to make the city a dynamic engine of economic growth, the strategic plans laid out by the government have enabled Dubai to become a diversified, investor-centric, and innovation-driven economy.

Ranked 1st in employment growth, 2nd in youth unemployment and employment rate, and 8th in the diversification of the economy globally, Dubai has earned a reputation for its political, social, and economic stability, making it one of the world’s most attractive places to do business. A stable macro-economic environment, sustainable economic policies, and superior growth strategies have fueled Dubai’s outstanding economic performance and diversification.

2.22%

GDP growth rate (in constant prices) in 2019

Dubai Statistics Center

 

Smart City Incubating Innovation

Enables a culture of innovation and digitization becoming a home to the Middle East’s First Unicorn.

The Government of Dubai promotes digitization and innovation through policies that cater to innovators, start-ups, incubators, and SMEs. An entrepreneur-friendly culture and a host of strategic initiatives brings together stakeholders such as policymakers, enterprises, academia, business, and the financial sector need to harness the power of digital innovation.

Dubai has led the move in cultivating a culture of innovation and digitization and its continual application and adoption by commerce and industry ecosystems.

Dubai ranks 1st in the levels of technology employed, dedicated cyber-security teams, scientific and technical employment, and internet users. As a testament to this, Microsoft and Oracle have recently opened their regional cloud data centers in Dubai.

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