Accounting Services in UAE Business Company formation & Licensing Company Formation in Dubai Technology UAE

Common mistakes of SMEs when filing VAT in the UAE

It has been almost two years since the introduction of Value Added Tax (VAT) services in the UAE. It is one of the most complex tax systems that a number of smaller companies find difficult to cope with, thus attracting fines. Tax experts say some of the most common mistakes made by the small and […]

Mubadala announces $250 million tech funds for start up in the region
Abu Dhabi Business Company formation & Licensing Investing Technology UAE

Abu Dhabi’s Mubadala Capital unveils $250m tech funds to invest in the region’s growing start-up scene

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. […]

Dubai launches its first virtual commercial license
Business Company formation & Licensing Company Formation in Dubai Dubai Investing License Technology UAE Uncategorized

Dubai’s first virtual commercial license is set to attract 100,000 investments globally

Dubai rolled out a new license that will enable investors worldwide to create commercial operations in the emirate without having to set up a base. The virtual commercial license is the first set of services offered under the Virtual Commerical City (VCC) program. These commercial licences will give businesses access to use a regulated e-commerce […]

ENBD launches the first digital business bank in the UAE
Business Dubai FinTech Technology UAE

Emirates NBD launches E20 – UAE’s first digital business bank for entrepreneurs and SMEs

Emirates NBD announced the launch of E20, the UAE’s first digital business bank customers that will enable customers to open a bank account, carry out transfers and payments on smartphones. E20 targets entrepreneurs and small and meduim-sized Enterprises, SMEs, and businesses. The bank will allow start-ups, sole proprietors, freelancers, gig economy workers, fintechs and insurtechs […]

Tech startup
Business Company formation & Licensing Company Formation in Dubai Investing Technology UAE

Why set up a tech startup?

Got a new startup idea? The UAE is becoming the leading tech startup in the whole MENA region! It has given a significant contribution to creating a vibrant tech ecosystem. In recent years, two companies obtained $1B in funding which is in part evidence that the country’s tech startup funding activity is rising. Investors continue […]

Abu Dhabi FinTech Technology UAE

ADGM launches a new framework for Digital Investment Management (Robo-Advisors)

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 […]

#youthforgood
Lifestyle Technology UAE

Twitter CEO launches #YouthForGood initiative to promote the positive impact of the use of online platforms to the UAE youth

Twitter has launched a philanthropic initiative in the UAE on Monday led by its chief executive, Jack Dorsey during his first visit to the country. The initiative, #YouthForGood was created with the support of the UAE’s Youth Hub and the Minister of State for Youth Affairs, Shamma Al Mazrui, aims to support humanitarian and social […]

UAE cloud business will increase by 2022
Business Investing Technology UAE

UAE cloud business is expected to gain AED 20 billion increase by 2022

Organizations are starting to invest in hybrid cloud environments as revenue from cloud business in the UAE is expected to increase by AED 20 billion by the year 2022, industry experts announced on Monday. The country’s public cloud spend is seen to multiply to more than AED 1.2 billion by 2022; creating 55,000 job opportunities. […]

Abu Dhabi and Dubai are among the most resilient cities
Abu Dhabi Dubai Investing Technology UAE

Abu Dhabi and Dubai are among the top resilient cities globally

The global real estate advisor through the Resilient Cities Index tested cities’ ability to stand firm or adapt the technological, demographic, and leadership disruption facing global real estate today and in 10 years’ time. More importantly, the study rated that Abu Dhabi and Dubai will remain the most resilient cities event 10 years later until […]

UAE First International Technology Centre
FinTech Technology UAE

Ministry of Finance signs MoU with ADGM and IBRD to establish the first International Technology Centre in the UAE

ABU DHABI, 1st May, 2019 (WAM) — The Ministry of Finance, MoF, today signed a Memorandum of Understanding, MoU, with Abu Dhabi Global Market, ADGM, and the International Bank for Reconstruction and Development, IBRD, to provide financial technology services, FinTech, to maintain an efficient growth in the financial sector. The MoU aims to establish an […]