Hong Kong Leads as the World’s Most Competitive Economy
The IMD World Competitiveness Center has again ranked Hong Kong as the world’s most competitive economy for 2 years in a row, besting 62 other countries. Hong Kong has been consistently in the top 5 ranking in the published research for the past 4 years. The country’s Financial Secretary Paul Chan Mo-po said that Hong […]
Major highlights of UAE Bankruptcy Law – Prevention, Restructuring and Liquidation
Introduction The United Arab Emirates is a global business hub and continuously striving to maintain its recognition and improving its ranking in ease of doing business. In the today’s global scenario, innovation is the key and many times this innovative economy results in failure of businesses. The borrowers going bankrupt is very common and therefore […]
New Developments in Nigerian Corporate Laws
Introduction The lawmakers and regulators in Nigeria are making efforts to attract more and more investors. Recent developments in the corporate laws and introduction of new forms by the Corporate Affairs Commission (CAC) is a proof of that. This article shall highlight some important developments and the introduction of new forms. New Developments Introduction of […]
Role of Free Zones in UAE Economy
United Arab Emirates is one of the most preferred jurisdiction among the businesses around the world. The GCC economy have witnessed some difficult days in past year due to steep fall in oil prices. But the UAE economy is still going strong because it has successfully managed to divest its source of revenues from non-oil […]
Everything you need to know about Insurance Brokerage in UAE
Insurance brokerage profession can be carried on only after obtaining License to practice insurance activities in the UAE as a Company or a Branch or an Insurance Agent of Foreign Company. All Insurance Broker in the UAE is subject to resolution 15 of 2013 including amendment thereto from time to time. Under Federal Law No. […]