Laya Developers, a family owned company, has in a short span of time covered enormous ground, thereby establishing its place as a leading real estate developer in Dubai.

Sundeep Tolani, CEO and Founder of Laya Developers, has over three decades of entrepreneurial experience in the Middle East and Africa Region, and has built a multinational company spanning three continents. Hi diverse background has been instrumental in helping him view the real estate industry in Dubai on a global scale

Another new policy that is set to be introduced in 2023 is the establishment of special economic zones. These zones will be designed to attract specific types of foreign investment, such as technology, manufacturing, and financial services.

Referring to the UAE Ministry of Economy, Business Link said the number of new business set ups in the country has registered a steady trend despite the challenges posed by the Covid-19 pandemic. This indicates the UAE business environment’s strong resilience and ability to adapt to changing economic conditions.

The company is one of the fastest growing entities in the realty sector that offers luxury at an affordable price. Laya Developers’ management team combines decades of international construction experience, and it carefully oversees every aspect of the development through design, marketing, construction, and commitment to quality.

Article by Construction Business News

The government has also implemented various initiatives to support the growth of the country’s small and medium-sized enterprises (SMEs). For example, the Emirates Development Bank provides funding and other support to SMEs. Simultaneously, the Dubai SME initiative offers various services, including mentoring and networking opportunities, to help SMEs grow and succeed.

In the next few years, it is expected that the trend of new business setups in the UAE will continue to grow. The government’s ongoing efforts to promote and support entrepreneurship and innovation and the country’s favourable business environment will likely attract more investment in real estate, e-commerce, logistics and transportation, hospitality and tourism sectors.

“The focus on technology and sustainability would be more prominent in driving new business growth in coming years,” according to Business Link.

Overall, the UAE’s business-friendly policies and strategic location, stable economy, and favourable tax policies are set to attract more foreign investment in 2023. The new policies and regulations will make it even easier for foreign companies to set up and operate in the country.

At the same time, the special economic zones will provide specific incentives to attract specific types of foreign investment. These factors, combined with the country’s growing population, will ensure that the UAE remains an attractive destination for foreign investment in the years to come.