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Dubai Industrial drive: 27’000 jobs to become a leading economy

Dubai Industrial drive: 27’000 jobs to become a leading economy

“Our ambition is to be our nation’s leading global knowledge-based economy”   With these words Sheikh Mohammed announced another plan to boost more and more companies in his city. How? Creating 27’000 jobs by 2030 aiming at becoming a city that produces as much as it sells, focused on self-sufficient. The industrial sector is expected…

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GCC VAT system: companies should go prepare before it goes live

GCC VAT system: companies should go prepare before it goes live

GCC companies are approaching the implementation of VAT, value-added tax, system. The GCC Ministers of Finance met in Jeddah on Thursday to approve in principle the Value Added Tax (VAT) and Excise Tax treaties. The GCC states include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.     The Excise Tax system…

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Dubai on good causes: Ramadan education campaign

Dubai on good causes: Ramadan education campaign

With the name of “Reading Nation campaign” H.H. Sheikh Mohammed bin Rashid Al Maktoum launched on Twitter one of the several Mohammed bin Rashid Al Maktoum Global Initiatives. During the Ramadan, Muslims are supposed to spend their time in spiritual discipline with deep contemplation of one’s relationship with God, extra prayer, increased charity and generosity,…

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Photovoltaic system: take a look at the world’s largest plant

Photovoltaic system: take a look at the world’s largest plant

The cornerstone idea was created 4 years ago. At the time of its inauguration in October 2013 was the largest facility of its kind in the UAE. Three years later, Saeed Al Tayer, the managing director and chief executive of DEWA (Dubai Electricity and Water Auth­ority, said that the plant is the largest concentrated solar power…

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Museum of the Future: a glimpse in the future

Museum of the Future: a glimpse in the future

“The Museum of the Future will be an incubator for ideas, a driver for innovation, and a destination for inventors and entrepreneurs from around the world. The future belongs to those who can imagine it, design it, and execute it. While others try to predict the future, we create it.”   “Museum of the Future…

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