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
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UAE’s minister of economy said Abdulla bin Touq Al Marri said 4.9% of non-oil GDP growth is possible in 2024

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UAE

According to  Abdulla bin Touq Al Marri UAE  economy  7% annual GDP growth is his personal target, but that 4.9% non-oil growth is possible in 2024. 

The International Monetary Fund (IMF) and the World Bank expected the UAE’s GDP to grow at 4.2% in 2024 he said, adding, it was possible that there may be 4.9% growth in non-oil GDP.

“When I said it, I said I want to do 7% per year, a year I get it, a year I don’t. It depends on the economy, what’s really happening in the economy globally,” Al Marri told the summit.

“We are looking at 4-5% this year, maybe 5% GDP growth, that’s something we are eying,” he said.  

Also UAE Growth from traditional economies such as real estate and tourism to new types of tourism, such as sustainable tourism, health tech, we’re looking into AI, generative AI, the UAE is becoming the capital of AI.

I must  say  UAE's diversified economy ensures a bright and resilient future. 


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