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Tourism is a major economic source of income in Dubai and part of the Dubai government 's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Migrant workers in the United Arab Emirates describe the foreign workers who have moved to the United Arab Emirates (UAE) for work. As a result of the proximity of the UAE to South Asia and a better economy and job opportunities, most of the migrant foreign workers are from India, Nepal, Sri Lanka, Bangladesh, Philippines and Pakistan.
Construction workers from Asia on top floor of the Angsana Tower. The labour force of the United Arab Emirates is primarily made up of foreign temporary workers, most of whom come from the Indian subcontinent and other parts of the Arab World and Asia. There is a sizeable number of Westerners, the majority of them being British and Americans.
Dubai-based accounting and financial compliance startup, Wafeq, raises $3M. In 2016, the Gulf Cooperation Council (GCC) member states signed a value added tax (VAT) agreement paving the way for ...
The United Arab Emirates is a federation of seven Emirates, with autonomous federal and local governments. The UAE has historically been a low-tax jurisdiction. [1] The federal government and local governments are entitled to levy taxes on citizens and companies. The federal government currently levies a value added tax, corporate income tax ...
Tanfeeth is a shared business services company located in Dubai, United Arab Emirates. [1] The company is a subsidiary of Emirates NBD. [2] Tanfeeth is the first large-scale shared services organization in the Gulf Cooperation Council. The company's name means "getting the job done" in Arabic. [3] [4]
Expatriates in the United Arab Emirates represent about 88% of the population, while Emiratis constitute roughly 12% of the total population, making the UAE home to one of the world's highest percentage of expatriates. [1] [2] Most of immigrants reside in Dubai and the capital, Abu Dhabi. [3] The UAE is home to over 200 nationalities. [4]
Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation Tage Kene-Okafor 2:59 AM PDT • August 4, 2021 Comment Image Credits: Tabby
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