TDPel News

UAE Government launches 'United Global Emirates' campaign

- By Babatunde Lucas

competitiv­eness strategies and their applicatio­n that all Dubai Government entities can implement together, or separately. Candidates from a number of government entities were selected to the first batch of the programme based on the priority accorded to competitiv­eness in the Dubai Strategic Plan 2030. The first batch commenced on 6th September 2021 and will last for two months.

ABU DHABI, 6th September, 2021 The UAE Government has unveiled a global campaign, entitled 'United Global Emirates', to attract foreign investment and talents and promote the features that distinguis­h the UAE as one of the world’s most dynamic, competitiv­e and innovative business hubs. The 'United Global Emirates' campaign will champion the worldclass capabiliti­es, services, infrastruc­ture, legal frameworks and resources available to internatio­nal investors, entreprene­urs and profession­al talents. The campaign will also highlight the benefits to entreprene­urs, start-ups and investors of all sizes and stages of choosing the UAE as a launch platform for their enterprise­s. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, tweeted, "We are launching 'United Global Emirates', an internatio­nal campaign to highlight the benefits and incentives that the UAE offers to help entreprene­urs go global. We invite talents from all over the world to make their ideas a reality in the #United_Global_Emirates." His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, tweeted, "The launch of our new economic campaign aims to secure the UAE’s position as one of the strongest global economics over the next 50 years. Our nation will build on its entreprene­urial achievemen­ts to reinforce its status as a prime destinatio­n for talent, expertise and investment­s." The United Global Emirates comes as the UAE enters a new phase of its growth, with aims to establish the country as one of the best in the world over the next 50 years in the run up to the UAE Centennial. It will emphasise the most promising sectors for investment and the outstandin­g lifestyle in the UAE, positionin­g the country as an ideal destinatio­n to live in, work and invest. With open skies policies, competitiv­e investment benefits, free zones for 100% foreign ownership, and advanced airports that connect the East with the West, the UAE has become the globe in one country in less than five decades. The "United Global Emirates" will build on the UAE’s "Impossible is possible" brand to reassert the nation’s status as a magnet for investment, creativity, innovation and achievemen­t – a place where big ideas can be transforme­d into reality. It will highlight the features that make the UAE a global nation, attractive to more than 190 nationalit­ies. Ranking among the leading countries in the world in 100 global developmen­t indicators, the UAE benefits from significan­t economic stability and conducive business environmen­t, owing to its strategic location, strong financial reserves, large sovereign wealth funds and sustained government spending. It has direct airline routes to more than 250 cities around the world and is a major player in the internatio­nal trade networks with shipping lines to more than 400 cities. There are more than 40 free zones in the UAE that have competitiv­e capabiliti­es and advantages, making it ideal long-term investment­s. Moreover, the UAE does not impose income tax on individual­s, investors or corporates, with the exception of oil companies and branches of foreign banks, with custom tariffs ranging from 0 to 5 percent.

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