MIDDLE EAST FOCUS – APRIL 2020


  • Dubai announces free zones economic stimulus package
  • Dubai authorities sign MoU to promote medical tourism
  • Dubai seeks Expo 2020 delay by one year
  • Pensions in the UAE for UAE and GCC nationals
  • Five ‘regulatory’ reasons for maintaining your company accounts in the UAE

Dubai announces free zones economic stimulus package
The Dubai Free Zones Council announced an economic stimulus package covering all free zones in the Emirate that is designed to help businesses deal with the impact of the Covid-19 pandemic on the economy.

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Dubai authorities sign MoU to promote medical tourism.
The Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with the Department of Economic Development (DED) to collaborate jointly to attract foreign direct investments especially in niche healthcare specialties.

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Dubai seeks Expo 2020 delay by one year
Expo 2020 Dubai convened a second virtual meeting of its Steering Committee on 30 March as part of ongoing consultations that the impact of the unprecedented global crisis caused by the COVID-19 coronavirus pandemic will have on global preparations of Expo 2020 Dubai.

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Pensions in the UAE for UAE and GCC nationals
Governments of the Gulf Cooperation Council (GCC) member states – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – have implemented state pension schemes for the benefit of their employed citizens.

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Five ‘regulatory’ reasons for maintaining your company accounts in the UAE
There are numerous commercial and managerial reasons for a company to ensure that its accounts are prepared and maintained in an accurate and timely fashion but, as the above title suggests, we are going to focus on five key regulatory reasons that make it practically mandatory to do so if operating in UAE.

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