Insights & Updates
How SMEs in the UAE are Surviving During COVID-19
The Covid-19 pandemic and the resulting economic slowdown have had a major impact on small and medium enterprises (SMEs) globally. SMEs are the backbone of the UAE economy, contributing about 52 per cent of the country’s non-oil gross domestic product, according to an estimate by the Ministry of Economy in December 2019.
The Importance of Coworking & Business Centers in Abu Dhabi
The days of in-office interaction and water cooler talks seem long gone. The pandemic has caused businesses to shift to remote working as quickly as possible, and this sudden change has negatively impacted employees in terms of productivity and health. Our article “How the Pandemic May Change ‘Work-Life Balance’ Forever” shows how even those employees who seemed to have the best work-life balance before the pandemic now have a hard time adapting to remote working. Companies are trying to support their workers by offering flexible schedules, paid-time off policies, and even mental health services.
Comparison of Abu Dhabi & UAE Free Zone Pricing
Dubai, which has emerged in the past decade as the Gulf's leading economic and trading hub, holds the top position worldwide for population and employment growth, at 5.8 per cent and 8.3 per cent per annum respectively, according to a report by global property consultants Jones Lang LaSalle.