Standard economic theory says that taxation reduces productivity. If you tax income, you reduce the incentive to work. If you tax capital gains, you reduce the incentive to invest, and so on. When you discourage useful economic activity, the economy becomes less efficient. But what if it were possible to impose taxes in a way that also increased productivity? That’s …

  Dubai / Emirates Business There are 183 hotel projects and 54,000 hotel rooms in the UAE pipeline, according to a new report. The hotel construction report by TOPHOTELPROJECTS prepared exclusively for The Hotel Show Dubai 2016 reveals that the majority of the new hotels are expected to open before 2020. The busiest years are forecast to be 2017 (56 …

  ABU DHABI / Emirates Business Emirates Property Investment Company (EPICO), the property and facilities management arm of Al Fahim Group, has announced the opening of its new office in Abu Dhabi. Located in the Mezzanine 1 level of Dalma Plaza, Hamdan Street, Abu Dhabi, the new office aims to cater to the growing demand for EPICO’s specialized leasing and property …