New business group develops $175m fund to invest in UAE’s realty sector
28 Dec 2020
Nusrat Khalil Jamali,
Business Editor
UAE’s economy is far less affected by the Pandemic as compared to the other countries of the world and the credit goes to the UAE’s approach towards the management of COVID-19 including measures like population testing ratio, national level sanitisation, SOPs for all businesses and sectors and mandatory PCR tests for all incoming passengers, which all make the UAE one of the first and few countries who have entered the post COVID era.
Moreover, the series of events and measures that the UAE government has been implementing, including offering long-term visas and 100 per cent business ownership, they are all leading up to having the UAE recognised as the most favourable place to set up and run a business. Also, the EXPO 2020 and its visitors are going to be a lead up to a major growth spurt across all business sectors of the UAE.