DFSA BUSINESS IN DUBAI
Business Dubai

DFSA SIGNS MOU WITH BANK AL MAGHRIB

The Dubai Financial Services Authority (“DFSA”) has signed a Memorandum of Understanding (“MoU”) with Morocco’s Bank Al Maghrib to cooperate in the authorisation and supervision of banks operating in the Dubai International Financial Centre (DIFC) and the Kingdom of Morocco. The MoU was signed by the Chief Executive of the DFSA, Bryan Stirewalt, and Abdellatif […]

Rotana Hotel Dubai
Business Company Formation in Dubai Dubai

UAE hotel company Rotana to launch pilot with Airbnb in Dubai

Rotana, a private hotel management company in Abu Dhabi, will pilot a direct distribution agreement with Airbnb in Dubai, even as it seeks opportunities for expansion in Syria, Africa and eastern Europe, according to its acting chief executive. The agreement with Airbnb, which operates an online marketplace for the hospitality sector based on voluntary listings, […]

Doing business in Abu Dhabi
Business Company Formation in Dubai Dubai

ADAFZ cuts business setup costs by over 65%

Abu Dhabi Airports Free Zone, ADAFZ, has reduced business setup costs by more than 65 percent, with the aim of improving customer satisfaction, enhancing its regional competitiveness and attracting new sources of Foreign Direct Investment, FDI. The business setup cost reduction also supports the government of Abu Dhabi’s latest initiatives aimed at strengthening the competitive […]