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UAE'S ECONOMY RECOVERING FASTEST POST-COVID-19

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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...

Tap into Dubai’s green energy market

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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 Real Estate Market on a rise

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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...

The new beginning of Hajj 2020 amidst social distancing

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After the outbreak of Novel Corona Virus, the countries were shut down, and people were asked to stay quarantined. The malls were closed, schools, movie theatres and the pilgrims and shrines. People were asked to maintain social distancing and to avoid travelling or going out to even office. Millions of tickets were cancelled because of the pandemic. And one amongst any was Hajj 2020 . Hajj is a holy pilgrimage of the Muslim community . People go there to offer their prayers. This year even the sacred shrine of Mecca and Medina was also closed for pilgrims to avoid the deadly outbreak. It made people upset, but everyone was already aware of why it was necessary. The numbers of infected people have drastically decreased now in some of the worse affected regions, and people are returning to their healthy lives, slowly but definitely. And there has been as the announcement that Hajj 2020 has commenced again. People can now back go for Hajj but must follow strict social distancing rule...

Cases against Umar Farooq Zahoor proven False!

Umar Farooq Zahoor , a Pakistani businessman, born in Norway and currently living in the United Arab Emirates ( UAE), is seeking lawyers to take legal action against a Turkish businessman, Erhan Kanioglulari, who threatened him with usurping his money and filed a fake complaint against him at the Maidan Artillery Police Station in Karachi. According to UmarFarooq Zahoor , the Turkish man had forced the public servants to use their lawful powers to the applicant's enquiry by lodging a false complaint against him. He alleged that the crime of giving false information to the police was punishable under Section 182 PPC and that the accused had committed a convicted felony punishable under section-389 PPC. The Turkish national had also moved Umar Farooq Zahoor against the National Accountability Bureau (NAB) was also moved against Umar Farooq Zahoor by the Turkish International. The office launched an investigation into the case, and later a NAB court exonerated the Pakistan...

Future of Renewable energy and power in UAE and Umar Farooq’s take on it.

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Sustainability today is transformed by a practice that captures the imagination of the world, particularly Dubai, which now offers those entrepreneurs who want to create a healthier, stronger and more meaningful world a mine of start-up opportunities. The pursuit of Dubai's sustainable development took a big step forward when the UAE Vice President and prime minister and ruler of Dubai, His Highness Sheik Mohammed bin Rashid Al Maktoum, unveiled an energy strategy for 2050 in 2015, which is a plan to transform Dubai into a global center for renewable energies and a green economy. Green energy enthusiast and one of the businessman and philanthropist of UAE and Dubai Umar Farooq said that the aim is to create sustainable industries irrespective of non-renewable energy sources. Furthermore, Etihad Energy Services Company has been established by DEWA, which offers promising investment opportunities to energy efficient companies It is also working to refurbish 30,000 homes an...

The ever helping Philanthropist-Umar Farooq Zahoor

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Umar Farooq Zahoor , Pakistani- Norwegian businessman in Dubai who is an entrepreneur, investor and philanthropist, is one of those individuals who have been able to empathize with the plight of daily wagers and migrant workers because of his journey to a successful businessman. Distributing foods to the poor, giving out seasonal clothing, providing fresh water to drink and various other necessities are some of the ways that Sheikh Umar Farooq Zahoor contributes toward humanity. Umar Farooq Zahoor He loves children and makes sure that he can provide them a good education. He has helped and assisted many children whose family was unable to afford it. He also understands the tough situation that poor children all around the world live in. He understand their pain and the hardships they have to get basic needs such as food and elementary education. This is the reason he prioritizes helping them and makes it his utmost priority. Umar Farooq Zahoor has helped in providing high-q...