The GCC or Gulf Cooperation Council region has saw a year of inadequate economic performance in the year 2017.However,according to the World Bank’s biannual Gulf Economic Monitor, there is hope and the growth will take an upward turn in 2018 and 2019. The economies of the...
Reuters released a survey recently that says that the total number of jobs in the finance sector that were to be migrated out of Britain or in other countries because Brexit has gone down by half, as compared to about six months ago. However, Dubai Multi...
The Dubai International Financial Centre (“DIFC”) is implementing its new foundation's law with immediate effect from 21st March 2018. The foundations are used for the following objectives and many other purposes: As vehicles for family wealth/succession planning; In commercial transactions; For securitization structures; For long-term...
India has once again captured the status of being the world's fastest growing economy in the October-December quarter. India has outdone China for the first time in the year as there was a rise in the government spending, manufacturing, and services. India is Asia’s third-largest economy,...
The new bankruptcy law of Saudi Arabia has raised the expectations of the foreign and local investors for a reliable framework that will reduce risks of conducting business in the Kingdom. This law will help improve the appeal of Saudi Arabia among global investors and...
The Jebel Ali Free Zone(JAFZA)’s Food and Beverage (F&B) sector which is a subsidiary of global trade enabler DP world witnessed a growth of 12 percent in 2017. The F&B sector companies rose from 507 to 570 in 2016 with 8,600 employees. This ascertained the...
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