The Covid-19 pandemic and the resulting economic slowdown have had a major impact on small and medium enterprises (SMEs) globally. SMEs are the backbone of the UAE economy, contributing about 52 percent of the country’s non-oil gross domestic product, according to an estimate by the Ministry of Economy in December 2019. Even the world’s most flourishing economies were unprepared to face the COVID 19 pandemic that shook the systematic routine of the general world. And during desperate times of an epidemic, the primary goal of every nation to reduce casualties by acting quickly and effectively to protect its citizens. Very few countries in the world were the first to move makers against this dangerous pandemic, and UAE happens to be a frontrunner even in the field of professional crisis management.
Please read the originial post here: https://www.rizmona.com/blog/doing-business-in-the-uae-amidst-the-pandemic/