In A Significant Move, The “AL-ULA DECLARATION” Opens Borders and Resumes Trade Between Qatar and Other GCC Countries
On 5 January 2021, in a landmark declaration and signing of ‘solidarity and stability’ agreement during the 41st GCC Summit held in the city of Al-Ula; the UAE, Saudi Arabia, Bahrain, and the rest of the Gulf Cooperation Council (GCC) member states, including Egypt
How to start a business in Abu Dhabi Global Market (ADGM)
Abu Dhabi Global Market is an award-winning international financial centre and free zone located on Al Maryah Island in the heart of Abu Dhabi. Its strategic location helps to serve the growing economies of the Middle East, Africa and Asia.
Saudi Arabia Exploring Ways to Enhance Bilateral Relations with France to Boost Its Digital Economy
It was in the news recently that Saudi Arabia has been actively pursuing to promote its bilateral relations and collaborative efforts with France to boost the digital economy.
Bahrain Attracted 885 Million USD Investments in 2020: Economic Development Board Reported
The investment promotion agency of the Kingdom of Bahrain surpassed targeted investment by attracting a whopping close to 1 billion USD in foreign direct investment in 2020, despite the adverse economic impact of covid 19 pandemics.
Dubai Startup Hub Launches Eight Sector-Specific Guides To Support New Entrepreneurs
Established by Dubai Chamber in 2016, Dubai Startup Hub is the first initiative of its kind in the Middle East and North Africa region that emphasises public and private sector collaboration for promoting innovation and entrepreneurship as key economic drivers of Dubai and the UAE.
100 Million Venture Debt Investment Fund Launched by Dubai-Israel Partnership
Tel Aviv-based venture fund Liquid Capital and Dubai-based Vault Investments jointly announced agreeing and launch a joint Venture Debt Investment fund with more than $100 million based in Dubai
Oman Introduces New Foreign Capital Investment Law (FCIL) Listing 70 Prohibited Activities
The Omanis Ministry of Commerce and Industry, (MOCI) issued the Executive
Regulations of the new FCIL in June 2020 which specified provisions relating registration of the foreign investment projects including benefits available to specified projects and land allocation for investment and business purposes and, an inspection of the projects by the Omani regulatory authorities.
Want to Start a Business in Dubai: Dubai PRO Services Can Address All Your PRO Needs
Dubai is increasingly growing as one of the most attractive international business hubs due to the UAE government’s initiatives in economic policy reforms. Dubai has a competitive and diverse business environment with numerous opportunities.
Dubai Tax Residency Certificate: Everything You Need To Know
A tax residency Certificate in Dubai sometimes called Tax Domicile Certificate (TDC) is issued by the Ministry of Finance (MOF), International Financial Relations and Organisations Department conferring eligibility to government entities, companies and individuals to benefit from the treaties of double taxation avoidance of the UAE with its other global counterparts.
The UAE is All Set for USD 7 Billion Investments in India’s Food Sector Over the Next Three Years
UAE business entities, coordinated by Dubai based Emaar group will invest up to USD billions in India’s food sector over the next three years as a part of the UAE-India food corridor project. The investment is planned for the mutual benefit of two nations with the core focus of UAE’s food security and company-formation-in-India.