182 days, 192 countries, and over 22 million visitors. As Expo 2020 came to a close on 31 March, it brought the world together in this historical event that showcased innovation and collaboration. It has become a meeting point for culture and art, science and learning, and work and creativity. Despite several challenges it faced …
Dear Friends and Clients, There is war in Europe again. That should make us think. The millions who have to leave their homes should be a warning to us. The philosophy that it takes chaos to create order may be correct, but the question is how humans deal with the concept of chaos. We call …
The UAE Cabinet has approved crowdfunding activity for both the public and private sectors to assist small and medium-sized enterprises access funds to grow their business and finance new innovative business ideas. In 2020, the Central Bank of UAE launched a new Regulation on “Loan Based Crowdfunding” which sought to establish an appropriate framework for loan-based crowdfunding …
UAE approves crowdfunding activity for public and private sectors Weiterlesen »
According to a new report by EZDubai and Euromonitor International, e-commerce in the UAE reached just over $5 billion in 2021 and is expected to exceed $8 billion by 2025. As of 2021, the total market size of e-commerce in MENA was estimated at $31.7 billion. Over the course of 2021-2025, e-commerce is projected to grow …
UAE e-commerce market valued at over $5bn in 2021 Weiterlesen »
Dubai adopted its first Virtual Asset Regulation Law. The provisions of this law are applicable throughout the Emirate, including special development zones and free zones, except for the Dubai International Financial Centre. The new law seeks to protect investors and establish a framework of international standards for virtual asset (VA) industry governance to promote responsible …
Dear Friends and Clients, This newsletter was ready to be sent out on 23 February. Then came the 24th. With that, all usually reported topics sank into obscurity. Decades of peace and safety in most European countries suddenly came to an end. Today there is a war in Europe and the world has changed. We …
SLG advised Austrian entrepreneur Erich Erber and his SAN Group on this landmark sustainability project. As one of the first European companies SAN Group invests around AED 12 million into a sustainable aquaponic and renewable energy project in the UAE. The project perfectly fits into the UAE’s core strategic areas: food autonomy, sustainability and renewables. …
SLG advised on landmark sustainability project in the UAE Weiterlesen »
Dear Friends and Clients, First of all, may I wish you a happy, successful and healthy New Year on behalf of all our staff in the offices and, of course, on our own behalf. The traditional family photo, this time from Koh Chang, can be found here. On 1 February the Chinese Year of the …
Dear Friends and Clients, Have you already decided to give up your residence in Europe? We have hardly ever experienced such a rush to residence changes. Perhaps the weather, the lockdowns and the Austrian tax reform are contributing to this. The Austrian tax reform is casting its shadow. The reduction of the corporate income tax, …
The UAE approved several reforms of the country’s legal system which came after thorough coordination between hundreds of experts at both local and federal entities with consultations from over 100 members from the private sector. The draft of the new laws and legislative amendments came during the “Year of the 50th” which aims to strengthen …
UAE adopts largest legislative reforms in its 50-year history Weiterlesen »