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Business Setup in Sharjah Free zone UAE

sharjah freezone business

Issued on Novmeber 12, 1995, Hamriyah Free Zone Authority was recognized by an Emiri decree which is located in Sharjah making it the only emirate with ports on the Arabian Gulf’s west and east coasts with direct access to the Indian Ocean, and it also has its own international airport. Sharjah also provides a unique Read more

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JAFZA to Russia World’s Leading FreeZone

jabel ali and russia business

Jebel Ali Free Zone (Jafza) bilateral trade with Russia has seen a yearly rise between the two parties. Over the past 5 years, the trade amongst the two has quadrupled since 2010 to 2014 from USD 106 million to USD 415 million, and during the last fiscal year the trade between Russia and Jafza increased Read more

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UAE invest Dhs300 billion in non-oil initiatives

uae investment

The nation will seek to develop legislation and set up funds for science, research and innovation The UAE is to invest Dhs300 billion in 100 initiatives in education, health, energy, transportation, space and water as part of its ‘higher policy’ for science, technology and innovation. The new policy, announced on Saturday, aims to build a Read more

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RAK Offshore Business Setup

rak offshore company setup

Offshore companies are corporate entities that hardly ever conduct its business in its country of origin. These companies are formed under a jurisdiction where the taxation is lower and the reporting restrictions are more lenient that the country in which the business originally resides in. The Ras Al Khaimah Investment Authority (RAKIA) has established the Read more

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Boeing Middle East Headquarters to open in Dubai South

dubai south

The US plane maker Boeing has made an agreement at a private signing ceremony and has confirmed that it will establish its Middle East headquarters in Dubai’s Aviation Region. The agreement was conducted with Dubai South in hopes to help enhance Dubai’s ability to become the world’s aviation hub. The final plans are expected to Read more

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Abu Dhabi Ports 36% volume increase in 10 months

Abu Dhabi Ports business

The busiest Investment month in this year was October (AbuDhabi UAE) Abu Dhabi Ports – the master developer, operator and manager of ports and industrial zones in the Emirate – has seen significant surge in cargo volumes during the first ten months of 2015 compared to the same period last year. Container volumes increased by Read more

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Abu Dhabi releases draft Laws for the ADGM

adgm laws and rules

Abu Dhabi releases draft laws for the ADGM The Abu Dhabi government announced its plans on starting the Abu Dhabi Global Market (ADGM) and has recently issued draft laws that covers fund management, market operations, information disclosure and enforcement of its rules. The draft will be available to the public for commenting for six weeks. Read more

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Abu Dhabi Global Market – ADGM now open for Business

adgm company setup

Abu Dhabi Global Market begins License processing for Financial Service applications Starting from October 21, 2015, the International Financial centre (IFC) in Abu Dhabi, known as the Abu Dhabi Global Market (ADGM) declared that it’s Financial Services Regulatory Authority (FRSA) will now begin to give their consent and approval to certain applications for financial services Read more