Hundreds of companies under closure notice in Ras Al Khaimah

Over five-hundred companies located in Ras Al Khaimah are under threat of closure even though they have been licensed to run businesses within the city’s offshore free zone. The International C of Ras Al Khaimah has put over than five-hundred businesses throughout a variety of sectors under strike off. According to an announcement released during […]


READ MORE...

Expo 2020: The ideal means for Dubai’s economy and private sector

As Dubai is busy preparing for the EXPO 2020, the climbing pressure, enthusiasm as well as potentials and expectations are obvious! The EXPO Higher Committee made a presentation at EXPO 2020 site located in Jebel Ali to about 300 senior ranked business experts including CEOs of both Arab as well as foreign companies. the presentation, […]


READ MORE...

Set up in Dubai

With a vibrant and diverse culture and an economy historically based on oil, Dubai’s main source of revenue is generated from aviation, real estate, tourism, trade and financial services. The emirate is reputed as a top business friendly destination, with developed infrastructure, skilled and educated workforce and top-notch services. Dubai is also recognized as a […]


READ MORE...

Positive outlook for the UAE’s economy and banking sector

The United Arab Emirate (UAE) healthy bank sector reflects the country’s healthy economy. Mashreq Bank 2014 net profit rose by 33% when compared to the previous year. Based on the significant growth, the Mashreq group highlights that their growth reflects the general growth of the economy in which they run operations, therefore if Dubai’s economy […]


READ MORE...

The United Arab Emirate Banking System- A Safe Sanctuary

Many are worried about the safety of their current international banking arrangements and agreements. it is only natural for people to be cautious in the present environment and take measures in order to protect their assets to the maximum. People also tend to take into account and worry over scenarios that are unlikely to happen. […]


READ MORE...

Dubai Economic Council Look for stable economic growth in Dubai

Dubai Economic Council (DEC), in collaboration with Deloitte publicized the “Financial Sector Development for Promoting Investment and Sustainable Growth in Dubai” report concerning policy suggestions aimed to enhance Dubai into a pioneering international and trading centre. The DEC and Deloitte’s joint report confirmed that Dubai has accomplished to develop an imposing and striking infrastructure aiding […]


READ MORE...

Dubai Economic Council Proposes strengthening Ties with Trade Partners

According to Dubai Economic Council (DEC), the emirate should strengthen its partnership ties with influential trade partners, especially India, if it plans on competing with pioneering international hubs like Hong Kong and Singapore. In accordance to the proposals outlined recently in the DEC’s report, Dubai should take the needed measures to establish an investment protection […]


READ MORE...

UAE Plans to Increase Workforce as Economy Revives

It was recently announced that almost 75% of United Arab Emirates (UAE) corporations and businesses intend to hire more people in a year, proving the country is growing steadily and efficiently. According to the most recent Middle East Job Index Survey, during the last six months, just over 65% of UAE companies have already hired […]


READ MORE...

UAE economy diverse enough to overcome the oil-price Decrease

The United Arab Emirates (UAE) is equipped with a diverse economy and has the knowledge and experience on how to control its budget in order to overcome and regulate the decrease in oil prices, which price has slumped to under $80 a barrel for the first time over the last four years. The entire Arabian […]


READ MORE...

Egypt and UAE’s MoU-Enhancing Free Zones Collaboration

The United Arab Emirates (UAE) Ajam Free Zone and General Authority for Investment and Free Zones (GAFI) agreed and confirmed the two parties signed a Memorandum of Understanding (MoU). The two parties agreed to join forces and work together last Thursday. Hassan Fahmy, the Chairman of GAFI publically announced the agreement made which purpose is […]


READ MORE...