DFSA financial network business formation in Dubai
Business Company Formation in Dubai Dubai

DFSA JOINS LAUNCH OF GLOBAL FINANCIAL INNOVATION NETWORK

The Dubai Financial Services Authority (“DFSA”) is pleased to announce the launch of the next phase of the Global Financial Innovation Network (“GFIN”). The GFIN – a group of 29 international organizations including the DFSA – is inviting applications from firms looking to take part in a testing pilot for innovative financial products, services or […]

Business Dubai

DED seizes 19.9 million pieces of counterfeit products worth AED 332 million in 2018

The Department of Economic Development (DED) in Dubai confiscated 19.9 million pieces of counterfeit items with an estimated market value of AED 332 million in 2018 as it strengthened efforts to protect trademarks and intellectual property thereby reinforcing the emirate’s competitiveness as a hub for local and international businesses as well as regional and global […]

DIFC MEASA business formation
Business Company Formation in Dubai Dubai

RENOWNED FINANCE LEADERS TO SHARE SECRETS OF UNLOCKING GROWTH IN MEASA AT GLOBAL FINANCIAL FORUM IN DUBAI

Industry leaders from across the spectrum of financial services will be sharing insight into ‘Unlocking Growth in a Changing World’ at the Global Financial Forum (GFF) in Dubai on 11 March 2019, hosted by the Dubai International Financial Centre, the leading financial hub in the Middle East, Africa, and South Asia (MEASA) region. The financial services industry in MEASA […]

Business Company Formation in Dubai Dubai

DED sees 4.6% increase in new licences in 2018 as Dubai reinforces investor confidence

The Department of Economic Development (DED) in Dubai issued 20,467 new licences during the year 2018 as the emirate continued to enhance its appeal as a destination for sustainable business growth.  Overall, 248,769 business registration and licensing transactions were recorded in the ‘Business Map’ digital platform of DED in 2018 – an increase of 4.6% […]

Business Company formation & Licensing Dubai

DED and Emaar Hospitality Group partner to promote ‘Instant Licence’ service for businesses in Dubai

The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai, is partnering with Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties PJSC, to promote the Instant Licence service offered by BRL for businesses in the emirate. An expert team from BRL will train the […]

Business Dubai

DED implements automatic fine settlement to enhance ease of business and sustainability

The Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED) has announced an automatic settlement facility for traders eligible for 50% reduction on commercial fines. The announcement is in line with the declaration of 2019 as the Year of Tolerance by President His Highness Sheikh Khalifa bin Zayed Al Nahyan […]

DED- Instant Licences issued in Dubai
Business Company formation & Licensing Dubai License

1,882 “Instant Licences” issued to date in Dubai, says DED.

The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai reported that 1,882 Instant Licences, which are issued within five minutes, were issued after the service was launched in July 2017 to the End of 2018. Among the Instant Licences issued, 1641 were Commercial (87%), and 241 in the […]