Trade and tourism has always been one of the greatest contributions in Dubai’s growing economy. Growth in the gross domestic product of the debt-laden emirate is “expected to be over 4.5 percent in 2012,” said Sheikh Ahmed bin Saeed Al-Maktoum, the head of the Dubai Economic Sector Committee. The reaction to the economy of Dubai has been positive, despite its economic contraction in 2009 that adversely affected UAE’s construction sector. The economy phase in 2009 saw the aftershocks of the global financial meltdown. At this point, the well performing trade and tourism sector balanced the country’s economy. Adding to this, the Dubai Shopping Festival opened global doors for trade and tourism andRead More →

The factors affecting a country’s growth are many depending whether a country is developing, developed or under developed. India is a developing country and is moving fast towards being a developed one. Population plays a vital role in the drawing a difference between a developing and a developed country. Developing countries strive to attain a considerable degree of industrialization in relation to their populations having a low standard of living. Hence it is right to ay that there is a significant. There is a strong connection between low income and a high population growth. The definition of developed country is still debatable but usually itRead More →

“IP Valuation- is it an option or a duty?” ‘Intellectual capital is recognized as the most important asset of many of the world’s largest and most powerful companies………’ In recent years, companies have been highly competitive and seem to have a short product cycle. One of the major reasons is the technology driven market and the rush of mergers and acquisitions in the industries. Due to the information age, valuation of certain intangible assets at initial stage of a product life cycle becomes crucial for the welfare of the company. One such asset is Intellectual property (IP). Not only are there accountants, IP valuators, IPRead More →