News and information on Doing Business in Dubai
The FinTech industry has seen significant growth in the number of deals over the years as highlighted by MAGNiTT’s 2019 MENA FinTech Venture Report, in collaboration with Abu Dhabi Global Market (ADGM). The majority of these deals are still at the early development stage with accelerators accounting for a sizeable proportion of them. In order […]
Mubadala Capital announced $250 million (Dh918.29m) tech funds on Monday to invest for the region’s start-up scene and to enhance the UAE’s capital’s status as a tech and innovation hub. The Mubadala Mena tech funds grant a $150 million “fund of funds” programme that will invest in venture funds supporting Hub71 ecosystem in Abu Dhabi. […]
Ghadan 21 launches a cultural drive which will feature 30 events and activities on Reem Island, the Corniche, Al Bateen, Hudayriat Island and in the city centre. The initial events will start this month and run until the end of the year, with more expected in the next years. Live events will include a drive-through […]
Abu Dhabi shows strong investor confidence in its solid credit fundamentals on 23rd September 2019 with a US$10.0 billion multi-tranche international bond offering. The transaction is composed of three tranches: (i) US$3.0 billion, 2.125 percent, due in 2024, which priced at 65 bps over US Treasuries; (ii) US$3.0 billion, 2.500 percent, due in 2029, which […]
The Registration Authority (RA) of the Abu Dhabi Global Market (ADGM) and the Department of Urban Planning and Municipalities of Abu Dhabi (DPM) pens agreement to execute the real estate registration processes in the emirate of Abu Dhabi. According to a statement on Sunday, RA and DPM will create processes of property title registration by qualifying ADGM entities, […]
KIZAD is becoming every investor’s first choice around the globe. Aside from its low operating cost, ease of doing business and excellent market accessibility, you also have an option to apply for a dual license in this freezone. Here’ a short video that shows four steps on how to form your KIZAD company and obtain […]
The UAE economy reflects growing investor confidence by posting a more than 5 percent increase in new business licenses this year, ahead of the one-year countdown to Expo 2020 Dubai that starts next month. Dubai gained the top spot by issuing more than 265,000 business licenses, then Abu Dhabi and Sharjah with135,918 and 82,825 business […]
Khalifa Port Free Trade Zone (Khalifa Port FTZ) is changing the face of doing business with its outstanding platform for trade, logistics and manufacturing. Situated in tandem to Khalifa Port; one of the world’s most advanced deep-sea ports and the region’s first semi-automated port, it can connect your business more than 4.5 billion consumers in […]
Global innovation platform Plug and Play in partnership with Abu Dhabi Global Market (ADGM), has selected a set of 11 startups ranging from fintech to travel to AI to participate into their third fintech and the first travel and hospitality accelerator program. This will run into three months providing selected startups the possibility to execute […]
The ADGM recently announced its detailed guidance on Digital Investment Managers, or Robo Advisory solutions. An important update is that in some cases, the FSRA will consider reduced base capital requirement of US$ 10,000 for Robo-Advisor firms that engage in Managing Assets. Watch this video to know more: Source Read this detailed article to for […]