Picture used for illustrative purposes only.
The UAE has become a preferred destination for businesses from all over the world due to its ideal investment environment along with its advanced and sophisticated infrastructure, a Pakistani entrepreneur said.
Anum Baqai, director of Onlinist.com, a full-service boutique digital agency based in Dubai, in an exclusive interview with the Emirates News Agency (WAM), said that the UAE offers foreign investors many incentives and facilities. "The distinguished location, advanced infrastructure, as well as political, economic security and social stability have made the UAE a pioneer in attracting investors," she added.
She pointed out that the country is a global destination for hosting and organising various international events and exhibitions, according to WAM.
Baqai, who is also the Vice-Chairman of the Women's Empowerment Committee in the Dubai-based Pakistan Business Council, said that her role is to support women, especially Pakistanis, to invest in the UAE and help them build partnerships and promote themselves better. She added that the UAE government has launched several initiatives aimed at supporting investors and helping them overcome the challenges posed by the COVID-19 pandemic.
She also highlighted the measures taken by the UAE to find long-term solutions, such as issuing a golden residency visa, which represents an important opportunity that would enhance investor confidence and increase investments in the country.
"The new residency laws that allow foreigners to fully own projects have strengthened our confidence in the country. Many investors from across the world come to Dubai to invest, and these decisions have had a positive impact on the business community and will lead to a lot of achievements in the future," the Pakistani entrepreneur said.
The UAE has achieved leadership in applying modern technologies at an early stage, where the country's leadership has launched the appropriate initiatives and taken the necessary steps for that, she added.
Baqai pointed out that the UAE will have a bright future with the convening of the Expo 2020 Dubai in early October, and "we have great expectations and are certain of the success of this event."
Anum Baqai expressed her happiness to be in the UAE, where she has been residing for 11 years while praising the nation's efforts in tackling the COVID-19 to keep everyone safe on its land.
The performance was also a dedication to Expo 2020 Dubai’s vision of Connecting Minds, Creating the Future. It carried well-integrated messages as the nation plans to showcase its vast opportunities in tourism, commerce and investment to the global audiences during the six-month-long mega expo.
The exceptional “World Government Summit- Expo 2020” will be the biggest gathering yet since its inception with expected attendance of over 10,000 high-profile officials, 30 international organisations and 600 experts and scholars.
Following a huge response garnered with the support of Etisalat, the Official Premier Partner of Expo 2020 Volunteers, Expo 2020 Dubai has already received more than 160,000 expressions of interest, going above the initial target of 100,000 applications
The Sustainability Pavilion is one of Expo 2020’s signature visitor attractions. The pavilion’s emotive exploratory experience includes an interactive walk through the roots of the forest and a journey under the ocean.
The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET) in Dubai reported that 32,564 Instant Licences were issued since the launch of the initiative in August 2017. Out of the total, 59 per cent were Professional
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has signed two Musataha contracts with two local private sector companies to build and operate two farms, one in Al Ain and the other in Abu Dhabi, with a total value of around
Abu Dhabi National Oil Company (Adnoc), together with its long-standing partner Borealis AG, on Wednesday announced an intention to float 10 per cent of Borouge, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX)