The Country of Entrepreneurs: The number of entrepreneurs in UAE has doubled over the past year. UAE has become the country with the highest number of entrepreneurs in the Middle East. A research that was carried out by LinkedIn revealed that the most number of entrepreneurs were from Syria, Iraq, Jordan and Palestine and other countries like Switzerland, Egypt, south Africa and Spain. The number of profiles that were created between March 2015 and March 2016 was analyzed and these were the findings of the research. UAE has been the ideal country to do business and every year the growth rate of entrepreneurs in UAE is an astounding 98.3%. The infrastructure that the country has and the economy of the country are all factors that encourage businessmen to start their enterprises in UAE.
Mangoes from Pakistan: Mangoes from Pakistan were imported and the first shipment was sold within two days of its arrival. Sindhri and Alama are the varieties of mangoes that were shipped to UAE from Pakistan. During the mango season 2.5 million crates of mangoes are sold in UAE and a crate which weighs up to 8 to 10 kgs are sold for 25 to 30 dirhams at wholesale markets.
Change in Work hours: A labor law that was passed in UAE states that women and youth should not be employed at night, and that a youth should not be made to work for more than four hours continuously. The work hours for a youth are only six hours with breaks for food and prayer. Article 23 states that a youth should not be made to work for 12 consecutive hours including the period of 8 pm to 6 pm. And Article 27 states that a woman should not be made to work for 11 consecutive hours including the period of 10 pm to 6 pm. But the law is relaxed for youth and women who are in managerial positions and the health care sector.
New tax for hotel guests: The Department of Municipal Affairs and Transport and Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) has announced that a new tax will be levied on guests who stay at hotels. An additional 4% on a guest’s hotel bill and Dhs 15 for each day of their stay will be collected.