The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

UAE is honoured to have been selected as the host country for the WTO Ministerial Conference in 2024.

 


Next year  February 2024, UAE has been selected to host global trade development talks  the last time the conference was held in the Gulf was in 2001 in Doha, which resulted in China being approved as the 143rd member.

President Sheikh Mohamed made the announcement on Monday that representatives from 164 countries in the World Trade Organisation will convene in the nation's capital.

 We look forward to facilitating constructive dialogue between WTO nations and strengthening international cooperation for a sustainable economic future.” 

“We welcome the participating countries, we welcome the World Trade Organisation, and we support all international moves that guarantee the free flow of goods and services between different countries of the world and protect the future of global trade,” he wrote.

“The 13th Ministerial Conference of the World Trade Organisation reflects the UAE’s status as a key facilitator of trade and investment between all four corners of the world,” said Abdulla Bin Touq, Minister of Economy.

“It is also the culmination of the qualitative leaps that the UAE has achieved in terms of economic growth and diversification over recent decades, which has been central to our bold vision to unleash a new era of sustainable economic development.”  

 UAE is transforming its economy, accelerating its industrial output, integrating advanced technology to foster the industries of the future, and developing new capabilities in sectors such as renewable energy, and space exploration. We need an efficient, regulated and digitally enabled global trading system to fully capitalize on these opportunities, and we are eager to take a lead on the discussions that will shape the future of trade

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said trade has shaped the UAE's history and now the UAE will shape the future of trade.“In 2024, the UAE will host the WTO's 13th Ministerial Conference and lead discussions on multilateralism, digital trade and inclusive development – and confirm our role as a global trading hub,” Al Zeyoudi said in a tweet after the UAE won the rights to host the global conference.

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