Umar Farooq Zahoor - An Entrepreneur, Investor, Philanthropist

UAE is coming up as one of the strongest and diverse economies in the world. They are recovering fast and sustainably with a long-term plan in the process. The Ruler of Dubai, Sheikh Mohammed, believes and boasts about the growth in the country's revenue stream and the golden future it holds. This statement comes after he chaired a meeting with the Ministry of Economics’ task force to review post-COVID-19 recovery plans. This meeting was attended was various important dignitaries and ministers of the cou ntry. Sheikh Mohammed, the Vice-President, Prime Minister of the UAE and Ruler of Dubai, was briefed about the plan for the recovery of the economy named "The Fifty economic plan" that talks about the project next one decade and the critical outcomes by 2030. The plan's critical aspects were presented to the ministry, along with the outline of a detailed plan. The country is moving towards a well-integrated, competitive economy that has a proactive and positive stan...

The market keeps on changing with the on-going trends and demands of generation. Being the leader in crude oil, Dubai has now decided to change its course and invest more in green energy. The earth is now moving closer to global warming at an alarmingly fast pace, which is highly concerning for all the obvious reasons.    After meeting MENA countries and the global summit on global warming, the countries agreed on lowering the consumption of non-green energy and depending more on green energy. And in this scenario, the UAE is again emerging as the leader, committed towards the cause more than any other Middle East country.    What’s undoubtedly apparent is that the local government is alone not enough for the cause, but there need to be more players in the field to make this vision come true. With an investment of more than a few million dollars in setting up the solar energy plant, UAE has opened the market for various business moguls to invest in and take the c...

Dubai has become a melting pot of societies and culture with people migrating from over 200 countries to reside in the beautiful city. With the ever-increasing population in the city, the real estate has become a hot investment. If we look at the data from 2008 to 2018, there has been an increase of 86% in the population. A lot of housing projects are already underway to accommodate such high growth in population, making real estate grow many folds with savvy investors. Dubai is coming up as the smartest city in the world with innovations coming up and bringing a higher rate of return of investment. Home to the tallest building Burj Khalifa, the city is attracting huge masses as a tourist as well as dwellers. No one can deny that with such a rapid increase in population, there are requirements for establishments such as shopping malls, hospitals, hotels and even houses. This is coming up as an excellent opportunity for people to buy properties in the city. Sheikh Umar Farooq Zahoor...