Distinguished banking executive

Abdulrahman Al Ansari

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UAE Minister Suggests New Approach to Happiness

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Abdulrahman Al Ansari reviews comments made recently by the United Arab Emirates’ Minister for Happiness, where she outlined how the national press can make the country a happier place. Ministry of Happiness Due to falling global oil prices, the UAE’s government has initiated plans to move the country’s economy away from oil. Announcing the UAE’s […]

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UAE’s Escalator, Elevator Sector to Record Strong Growth

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Driven by strong construction industry demand, new data shows that the United Arab Emirates’ (UAE) elevator and escalator sector will record significant growth in the next five years. Abdulrahman Al Ansari discusses. Booming construction sector Following Saudi Arabia, the UAE possesses the second biggest construction sector in the Gulf Co-Operation Council (GCC) region. In recent […]

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UAE to Create Over 100,000 Green Jobs

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Dr Abdulrahman Al Ansari examines reports which suggest that the United Arab Emirates (UAE) will create over 100,000 ‘green’ jobs during the next 15 years. Creating jobs Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy (DSCE), recently delivered the keynote speech at the launch of the UAE’s State of the […]

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UAE Ratifies Major Global Trade Agreement

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Abdulrahman Al Ansari discusses the United Arab Emirates’ (UAE) recent decision to ratify a major global trade agreement, explaining how this could benefit the country’s economy. WTO agreement The agreement is the brainchild of the World Trade Organisation (WTO), of which the UAE has been a member since 1996. The WTO is an intergovernmental body […]

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UAE Prime Minister’s Open Letter Goes Viral

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Abdulrahman Al Ansari discusses how the Prime Minister of the United Arab Emirates (UAE) has posted an open letter online, explaining his decision to create three new Ministerial positions, and how it has now gone viral. Creating unique positions Sheikh Mohammed bin Rashid Al Maktoum, the Prime Minister and Vice President of the UAE, recently […]

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UAE Shows Interest in ‘Hyperloop’

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An official from the United Arab Emirates’ (UAE) Federal Transport Authority has expressed interest in the ‘hyperloop’ project. Dr Abdulrahman Al Ansari discusses how the high-speed rail initiative could benefit the Emirates’ transport infrastructure going forward. Explaining hyperloop Entrepreneur Elon Musk, the co-founder of online payments system PayPal, has set up a company called Hyperloop […]

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UAE to Introduce VAT in 2018

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Abdulrahman Al Ansari discusses how the United Arab Emirates’ (UAE) decision to introduce Value Added Tax (VAT) in early 2018 could influence its economy going forward. Introducing VAT  VAT is a type of consumption tax charged on the price of goods and services. There are various VAT systems around the world, including in the European […]

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UAE Creates Unique Government Positions

Abdulrahman Al Ansari

Abdulrahman Al Ansari examines the United Arab Emirates’ (UAE) decision to create two unique new government positions, in order to drive the country forward. Dealing with change The BBC recently reported that Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, has announced major changes to the country’s government. […]

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