Uncategorized

LLC Company Formation in Dubai

What makes an LLC one of the most popular and preferred business types in UAE? Limited Liability Company (LLC) can have any industrial, commercial (trading), professional, or tourism activity. There are some professional activities which are excluded, and some others require approvals of other regulated authorities. This license provides a great deal of flexibility for […]

Abu Dhabi offers instant licensing
Uncategorized

Abu Dhabi offers instant licensing services for small energy businesses

The Abu Dhabi Department of Energy (DoE) and Abu Dhabi Digital Authority (ADDA) will offer an instant licensing plan to eligible businesses through,’Tamm’ the emirate’s government system. According to a DoE statement on Saturday, as part of Abu Dhabi’s initiatives to facilitate fast and effective services to small-size energy firms in the emirate, they will […]

DIFC
Uncategorized

DIFC pushes new trust-based saving scheme to replace workers’ end-of-service gratuity

Dubai International Financial Centre is pushing ahead with plans to replace expat workers’ end-of-service gratuity with a funded, trust-based savings scheme that offers employees a choice of up to 12 passive investment funds. During the DIFC employers’ town hall meeting on Thursday, the centre said the new scheme will charge employee members an annual management […]

Dubai Stocks
Uncategorized

Dubai stocks rise high as Emirates NBD reaches its highest trading volume in a year

Dubai’s stock market rose on Wednesday, lifted by gains in top lender Emirates NBD after it agreed to buy Turkey’s Denizbank, while Saudi Arabian stocks climbed as banks rose across the board. The Dubai index gained 1.1 percent, with Emirates NBD rising 6.1 percent in its highest trading volume in a year, with 8.8 million shares changing hands. The […]