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Can the UAE Government achieve a successful economic reboot? Filed on December 23, 2020 The unprecedented reforms by the UAE government underscores its desire to cement the country’s rising prominence as a business hub in the global arena. The UAE was the largest FDI recipient in the Middle East during 2019 The Covid-19 health hazard and the economic downturn caused by the virus has put the GCC nations under immense pressure. The health crisis resulted in a severe blow to income streams and profitability for corporates, businesses, SMEs, individuals, and even sovereign wealth funds, in diverse but comparably devastating measures. However, the UAE government has displayed commendable prowess in its fight to minimize and combat the economic repercussions from the pandemic and support its economy. With the economic prosperity of its $421 billion market (as of 2019) under threat, government officials and policymakers moved quickly and effectively to saf ....