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29 June, 2020

UAE Ranked 1st in MENA on Global Competitiveness

The Global Competitiveness report saw UAE take the 1st position in MENA region and 9th globally, for the fourth year in a row.   The World Institute for Management Development (IMD) released their global competitiveness yearbook report for the year…
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29 June, 2020

UAE makes strong return to FDI Confidence Index

The UAE made a strong return into the Top 20, ranked at #19 in the Foreign Direct Investment (FDI) confidence rankings for the year 2020.   The FDI Confidence Index rankings released by the global management consulting firm Kearney for…
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28 May, 2020

UAE Government Initiates Economic Reactivation

The UAE Government officials recently held a high-power strategy meeting and launched a detailed action plan to bring economic activity back to full swing.   The economic reopening, announced in phases by the Dubai Government is already underway with almost…
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26 December, 2019

UAE Cabinet Approves Law on Consumer Protection

The UAE Government constantly takes initiatives and measures to safeguard the interests of its citizens and residents. Recently, the UAE cabinet approved a federal law to protect the consumers. The law, which will be integrated legislatively with the GCC Unified…
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28 May, 2020

UAE Banks Show Most Resilient Growth in Region

A recent study by KPMG revealed that among all top banks in the region, the leading banks from UAE demonstrated the highest asset-growth, thereby making them best equipped to face challenges.   The study by KPMG assessed the assets and…
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29 June, 2020

UAE Among World’s Most Trusted Governments

Public trust in the UAE Government stands strong, much more than the trust on NGOs, businesses or the media, according to Edelman Intelligence.   The Edelman UAE Barometer measured responses from 34,000 respondents across 28 markets and concluded that the…
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30 November, 2019

The Corporate Group Roadshow in UK

Ayman Alawadhi, TCG Group Managing Director, was in the UK in the last week of October 2019. Following Brexit, the economic and trade interests of UK and UAE have increased substantially, with many questions arising in the minds of native…
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29 June, 2020

The Corporate Group attempts to attract UK FDI through Webinars

In alignment with the Government vision and the robust economic recovery plan, the Corporate Group laid emphasis on attempting to attract FDI from UK through the mechanism of webinars.   Bilateral trade between the UAE-UK stands at GBP 17.5Bn as…
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26 December, 2019

TCG Participates in SIAL Abu Dhabi 2019

The Corporate Group participated in SIAL, the annual food, and beverage trade summit recently in Abu Dhabi from 9 – 11 November 2019. Under the DMCC pavilion, one of our regional partners Orange Brown DMCC presented the coffee products in…
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26 December, 2019

TCG at the UAE Economic Forum 2019

The top management of The Corporate Group recently attended the UAE Economic Forum (UAE EF) conclave held at the Armani Hotel from 11 – 12 December 2019. Developed as a key forum for furthering the national agenda across economic growth,…
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28 May, 2020

Saudi Arabia Triples VAT and Cuts Allowances

The Government of Saudi Arabia announced a three-fold increase in VAT to 15%, in order to combat the fiscal setbacks caused by the effect of the Covid-19 pandemic.   The KSA Government measures, estimated to the tune of $26.6 Billion,…
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26 December, 2019

Ministry of Economy Announces SME Plan for 2020

The Ministry of Economy, under its National Programme for Small and Medium Enterprises, has recently announced a spate of measures to provide a boost for the strategic SME sector in UAE. The NPSME programme falls under the executive arm of…
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28 May, 2020

Dubai Silicon Oasis Authority Announces Fee Waiver

The Dubai Silicon Oasis Authority (DSOA) recently announced a waiver in the license and registration fees for new clients.   The measures come as a consequence of the global Covid-19 pandemic, due to which the license issuing authority of DSOA…
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