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Showing posts from July, 2021

Will 2021 be a turning point for Dubai's real estate sector

In the business world, Dubai is considered a land of opportunity. One of the reasons for the increasing economy of the country is the growth of the various type of business. All most of every high-profile brand is has invested in the land of Dubai. And one of the growing sectors is the real estate sector. Due to covid-pandemic, Dubai’s economic growth has to set back. But, by increasing the pace of the vaccination process, Dubai is all set with its positive momentum in 2021.  According to some of the leading real estate kings like  Sheikh Umar Farooq Zahoor , 2021 will become a turning point for the real estate sector. The reason behind such beliefs is the recent numbers that display the development of the real estate exchanges in Dubai during the prior quarter of 2021, increasing 44% on a yearly premise. The number gives a strong hope for the leading real estate businessman to achieve a positive result in 2021 in the real estate sector.   Moreover, the business ...

Umar Farooq expresses his opinion on Dubai Golden Visa

Whether it's vacation or business, Dubai is one of the popular destinations. In particular, the tourism industry of Dubai earns Millions of dollars monthly. People from across the world want to settle in the City, and the government offers several facilities to inhabitants.  A golden visa offers an opportunity for professionals to live and settle in the city.  In 2019, the UAE government applied for a new system that allowed people to live, study and work without a naive guarantor. It permitted Businessmen to claim 100% proprietorship of their business. Following the pandemic outbreak, the golden Visa amendment encouraged foreigners to settle in the UAE. As a part of national programmers, the Wam agency confirms that programmers worldwide can apply for Golden Visa. Pakistani businessman Sheikh Umar Farooq Zahoor gets the UAE Golden Visa.  Sheikh Umar Farooq Zahoor is among the top investors worldwide and managed to become the name behind several companies in Pak...

UAE Economy in 2021 – Umar Farooq Zahoor

The COVID-19 pandemic has had a severe impact on the economy of countries across the globe and has been a significant reason behind one of the biggest global recessions in the last few decades. The economies that depended on the travel and tourism industry are among the most severely affected economies, as strict restrictions were imposed on international travel. Given the continuous imposition of stay-at-home orders, it would take a long time for them to recover from the losses. The United Arab Emirates is amongst the group of countries severely impacted by the pandemic and the economic crisis.  IMPACT ON THE ECONOMY OF UAE Along with tourism, the UAE’s real estate and trade sectors were also impacted because of the pandemic, affecting the country's overall economy. Because of the rising number of cases and the subsequent lockdowns imposed to control the spread of the coronavirus, the UAE economy shrunk by about 5.8% last year.  THE UAE ECONOMY IN 2021 According to th...

Umar Farooq Zahoor Meet Trey Songz on 5th July, 20201

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The famous rapper Trey Songz was in the new nightclub Blu Dubai on Thursday as the city’s brand new nightclub Blu Dubai invited Trey Songz at the opening on 1st July. The most popular rap artist Trey Songz is set to take the stage with an exclusive performance to mark the occasion special. Umar Farooq Zahoor with Trey Songz in Dubai On his visit to Dubai, Singer Trey Songz has a meeting with Umar Farooq Zahoor on 5th July, the most renowned businessman, and philanthropist. Dubai has been hosting many events inviting many stars, and every time there is an event, Sheikh Umar Farooq Zahoor has been seen there. After being a successful investor and serial entrepreneur, Mr. Umar Farooq Zahoor is seen participating in several events. His meeting with the popular American singer Trey Songz, Akon, and Bollywood star Sanjay Dutt show his interest in the art industry. Umar Farooq Zahoor is one of the most famous businessman across the globe. Known for his smart business choices, he is amon...