UAE Company Incorporation and Business News

New Chinese and Indian Banks at Dubai International Financial Centre Soon July, 2017 Dubai International Financial Centre (DIFC) has revealed that various top Chinese and Indian banks are in the process of obtaining banking licenses and will be shortly setting up operations at DIFC. A number of leading Chinese and Indian banks are already operating […]

Thousands of Job Vacancies Mean Thriving UAE Company Formations   July, 2017 Over 20,000 new job vacancies were posted by UAE based companies across a wide range of industries during the first half of 2017, especially during the last three months …… great news for UAE job seekers…. These positive figures (that are based on data

Dubai Company Setups to Increase with Launch of Multi Billion Dirham Food Park July, 2017 The Government of Dubai has unveiled plans for the launch of a new AED 5.5 billion Food Park in Dubai’s Wholesale City. As reported in Gulfnews.com, the huge 48 million square feet facility is set to be the first of

Boost in Ajman Company Formations in 2Q 2017 July, 2017 The emirate of Ajman has issued 1052 business licenses in the second quarter of 2017. These superb results were announced by the Planning and Development Division at Ajman Department of Economic Development (DED) and were reported by Emirates News Agency. Furthermore, there has been a

Dubai’s Booming Economy – What it Means for Dubai Company Formations July, 2017 The Business Registration and Licensing (BRL) unit at Dubai Economy has issued 10,455 commercial licenses during the first half of 2017.  This means the BRL has been issuing 1,743 licenses on average per month, according to a report by Khaleej Times. These

UAE Company Formations to Rise as Abu Dhabi is Ranked Second Best City in the World July, 2017 Abu Dhabi has been ranked the second best city in the world, overtaking both London and Paris. The 2017 Ipsos Cities Index has ranked Abu Dhabi the second-best city globally to work, live and do business in……

UAE Top SMEs Growth Will Lead to Rise in UAE Company Incorporations July, 2017 104 shortlisted SME entrants for the 2017 Gulf Capital SME Awards have reported over 150% average annual growth. These outstanding figures, that were reported by Gulfnews.com show, without a doubt, how SME’s in the UAE are resistant to economic slowdown and

UAE Free Zone Company Formations to Rise with UAE Non-Oil Sector Growth July, 2017 The UAE’s non-oil private sector business witnessed a marked increase in growth for the month of June. According to a report by Gulf Daily News on statistics from a survey sponsored by Emirates NBD Bank, this latest growth spurt is due

UAE Company Formations to Increase with Faster UAE Residence Visas July, 2017 The UAE Government has announced that the waiting time for UAE Residence visas for employees of the private sector will be reduced by half. Furthermore, as reported by whatson.ae, the UAE Government has committed to starting the new, faster processing of UAE Residence

UAE Company Incorporations on the Way Up with Application for Membership in International Maritime Organization Executive Council July, 2017 The UAE has applied to be nominated for membership of the Executive Council of the International Maritime Organization (IMO). As reported by Hellenic Shipping News, the United Arab Emirates is preparing for second category membership (category