Jebel Ali Free Zone: $80.2 billion of non-oil foreign trade in 2016

The free zone of Jebel Ali (JAFZA) has confirmed once again its role as leading trading and logistics hub in UAE with a growth of 17% of its non-oil foreign trade in 2016, for a value of $80.2 billion. The volume of trade in JAFZA testifies how good the national economy is able to adapt … Continue reading Jebel Ali Free Zone: $80.2 billion of non-oil foreign trade in 2016

The most important business zones and areas of UAE

The United Arab Emirates offer lots of opportunities in terms of investment, thanks to a simple and flexible legal framework, a minimum bureaucracy and a tax-free environment. The numerous zones and areas of business located in the country indeed confirm it. Among those, there are industrial zones, special economic zones and technology parks. The sectors … Continue reading The most important business zones and areas of UAE

UAE most innovative Arab nation

Innovation is a distinctive mark for UAE. According to the Global Innovation Index 2017 published by the World Intellectual Property Organization in collaboration with different organization and educational institutions, UAE ranks first among Arab nations and 35th on an international level in innovation. The index measured the performance of 128 countries taking into account 81 … Continue reading UAE most innovative Arab nation

Setup business in Dubai Multi Commodities Center during this Ramadan and save 11,000 AED!

The free zone of Dubai Multi Commodities Center (DMCC) is proposing a very special offer for all the companies (new company or branch) willing to open a business in Dubai. The fee for the offer shall be 21,945 AED for new company setup and 21,925 for branch company setup, payable to DMCC by the applicant. … Continue reading Setup business in Dubai Multi Commodities Center during this Ramadan and save 11,000 AED!

UAE’s decision to cut ties with Qatar and its consequences

United Arab Emirates, along with Saudi Arabia, Bahrain and Egypt cut ties with Qatar, accusing the Gulf country of supporting terrorism and extremist groups, including Muslim Brotherhood, ISIS and Al Qaeda, and promoting their messages and schemes through their media. This decision has been taken in response to the threat to the security and stability … Continue reading UAE’s decision to cut ties with Qatar and its consequences

Electronic signatures and contracts will now be legally recognized in DIFC

Dubai International Financial Centre (DIFC) has announced the enactment of the new Electronic Transactions Law, DIFC Law No. 2 of 2017, that will apply in the jurisdiction of DIFC free zone. This means that signatures, contracts and general documentation shall not be denied legal effect, validity or enforceability solely on the ground that they are … Continue reading Electronic signatures and contracts will now be legally recognized in DIFC