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Scaleup Franchise to enable UAE SMEs to benefit from franchising

Scaleup Franchise to enable UAE SMEs to benefit from franchising

by Danissa Guotana | Jan 5, 2023 | Business

In line with the UAE’s efforts to accelerate the growth of the business of startups and SMEs, support their expansion plans, and increase their investments in local and global markets, the Ministry of Economy launched the ScaleUp Franchise programme in...
Dubai suspends 30% tax on alcohol sales to boost tourism

Dubai suspends 30% tax on alcohol sales to boost tourism

by Danissa Guotana | Jan 5, 2023 | Other Tax

Dubai rang in the new year by suspending a 30 per cent tax on alcohol sales as the emirate seeks to consolidate its position as the Gulf’s tourism and business hotspot. The initiative, which took effect on Sunday, will last for a year and has been described as a trial...
AMF and Arab Gulf Programme for Development partner for sustainable development

AMF and Arab Gulf Programme for Development partner for sustainable development

by Danissa Guotana | Jan 5, 2023 | Business

The two organisations will coordinate efforts to deal with issues related to the development of the financial and microfinance sectors. The Arab Monetary Fund (AMF) and The Arab Gulf Programme for Development (AGFUND) signed a memorandum of understanding (MoU) to...

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