an attractive jurisdiction for business

an attractive jurisdiction for business

In line with the progressive economic trends, the UAE has been at the forefront of creating favourable business ecosystems. The country has developed ring-fenced jurisdictions as a national growth strategy, launching various free zones that attract substantial amounts of foreign direct investments. With the tax exemptions being implemented, the UAE has become a global option for a range of businesses to develop in a bespoke ecosystem, designed to optimise the infrastructure relevant to each industry. The UAE is fast becoming a pioneering leader in the digital world through a paradigm shift in the automation of the production and industrial sectors. The Dubai Metaverse Strategy, recently announced by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, targets the metaverse sector with a contribution of $4 billion to Dubai’s economy by 2030; creating a high-tech digital platform that enables the acceleration and proactivity of all sectors. In parallel, the UAE continues to fulfil the global indexes of digital transformation to attract foreign talent and businesses in the crypto space, among others. The UAE is also set on a mission to attract exceptional talent and businesses. As part of this effort, it