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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

5 reasons why investing in a warehouse in UAE is convenient

The strategical location of UAE, the presence of advanced infrastructures and favorable legislation made the country one of the fastest-growing economies in the region, despite the decline of oil prices and the uncertainty in the global economy. According to Knight Frank’s UAE Industrial and Logistics 2017 Insight Report, there is a rising demand for industrial … Continue reading 5 reasons why investing in a warehouse in UAE is convenient

DIFC non-regulated firms can now also operate in Dubai mainland

The free zone of Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Dubai Economy (earlier known as DED, that is Department of Economic Development) to allow non-regulated companies (non-financial companies) to obtain a dual license that authorizes them to operate also in Dubai mainland. Indeed, the companies established in UAE … Continue reading DIFC non-regulated firms can now also operate in Dubai mainland

Ajman Free Zone opens representative office in Nicosia

  Ajman Free Zone (AFZ) is expanding its international economic and investment operations by setting up a representative office in Nicosia, the capital of Cyprus. The free zone opened its gates to Cypriot investments and strengthened the bilateral cooperation in essential economic sectors. This step, in line with Ajman Free Zone’s vision to become the free … Continue reading Ajman Free Zone opens representative office in Nicosia