In collaboration with Rungis, AD Ports Group, and UAE-based multi-business conglomerate, Ghassan Aboud Group has established one of the region’s largest multi-category wholesale food trading and logistics centers in KIZAD. In collaboration with Rungis, the Regional Food Hub – Abu Dhabi will bring together wholesale buyers, sellers, logistics partners, consolidators, and distributors from across the …
As part of the most extensive legislative amendments in the history of the United Arab Emirates, the Ministry of Economy (MoE) shared updates on Industrial Property and Patents. As of 2021, the following sectors accounted for the majority of patent applications: machinery and construction (23 percent), chemical engineering (24 percent), pharmaceuticals and biotechnology (24 …
It would seem that franchise and distribution agreements are nothing more than abstract commercial arrangements between parties. There is a significant underestimation of the prevalence and importance of franchise and distribution agreements in the UAE. A casual stroll through any busy street or shopping center in the country will reveal the impact of a wide …
Franchise Agreements vs. Distribution Agreements – A comparison. Read More »
The World Economic Forum recently released a global report that suggests several factors that may lead to new opportunities for small and medium-sized enterprises. In collaboration with the National University of Singapore Business School, the University of Cambridge Judge Business School, and the Entrepreneurs’ Organization, the report also finds that SMEs lag behind when it …
World Economic Forum study: Small companies adapt rapidly to economic changes. Read More »
The UAE will introduce a new labor law on February 2, 2022, which will ensure that both private and public sector work practices and benefits are largely aligned. The law will “limit differences between the two sectors in such a way as to advance the establishment of a more integrated, efficient, sustainable, and attractive work …
UAE’s new labor laws align public and private sector benefits. Read More »
The UAE government is introducing a new four-and-a-half-day working week on January 1, 2022. It affects federal government entities and is coupled with new working hours, with Monday to Thursday workdays now beginning at 7.30 am and ending at 3.30 pm, and Friday working from 7.30 am to 12.00 pm. In addition, Friday sermons and …
UAE Government announces a four-and-a-half-day working week from January. Read More »
The government of the UAE has approved a comprehensive reform of the country’s legal system, which aims to strengthen economic, investment, and commercial opportunities, maximize social stability security, and ensure the rights of both individuals and institutions. It is intended that the new laws and legislative amendments keep pace with the development achievements of the …
UAE announces comprehensive economic, investment, and regulatory reforms. Read More »
COVID-19 was the most devastating setback the world has suffered in over a century. However, with each crisis comes a new dawn, a new hope, and a new opportunity that leads to a better and stronger future. Corporate appetites to improve supply chains grew due to the pandemic in global trade. As buyers and suppliers …
International business travel spending looks set to rise by more than a quarter this year and reach two-thirds of pre-pandemic levels by 2022, according to a new World Travel & Tourism Council (WTTC) report. According to WTTC data, this year and the following year show which regions worldwide are leading the resurgence in business travel, …
