Dubai Multi Commodities Centre, the Fastest Growing Free Zone in the UAE
The number of companies registered in the Dubai Multi Commodities Centre (DMCC) free zone has registered a 10% increase in the first half of 2015. Known as the largest free zone in the Emirates, Dubai...
View ArticleDubai, Among the Best Residency Destinations in the World
The United Arab Emirates is one of the best destinations in the world for foreign citizens seeking residency outside their countries, according to Henley & Partners’ Global Residence Programme...
View ArticleUAE Enables New Commercial Companies Law
The new UAE Commercial Companies Law, which was enforced at the beginning of July, brings significant changes for public joint stock companies which will be allowed to introduce arbitration clauses in...
View ArticleA new fiscal regime in UAE
Several countries in the Middle East and North Africa (MENA) Region, including the United Arab Emirates, have started taking into consideration the introduction of the value added tax (VAT). According...
View ArticleRevenue from Medical Tourism in Dubai is Growing
Dubai is becoming a more attractive option for medical tourists and the number of such individuals is growing on a yearly basis. Investors in medical tourism have seen a rise in customers in the first...
View ArticleReport The Best Property Investment Prospects Outside US are in UAE
The United Arab Emirates were ranked the second best market for property investors, coming in second right after the United States. A study released by Savills, a global real estate services provider,...
View ArticleSalaries in Dubai to Increase in 2016
Salaries in Dubai are expected to increase in 2016 by 5% on average. The assumption is based on a survey performed on approximately 600 foreign companies and local conglomerates. Our lawyers in Dubai...
View ArticleChanges to the Inheritance Law in Dubai
An agreement between the Dubai Land Department and the Dubai International Center solves the problem of inheriting real estate assets owned in Dubai by non-Muslim foreign nationals. Individuals will...
View ArticleHow the UAE Achieved Economic Development
The United Arab Emirates have become the prime location for foreign investments in the Middles East. The rapid growth took place during a couple of years but this is only the start towards a diverse...
View ArticleWhy UAE is One of the Most Popular Destinations for Conferences and Exhibitions
The United Arab Emirates are enjoying an ever larger growth of the meetings, incentives, conferences and exhibitions industry (MICE). Dubai and the rest of the Emirates have recently started to draw...
View ArticleInnovative Funding Sources for SME in Dubai
The Emirates and the rest of the Gulf Cooperation Council (GCC) have significantly lower bank loans rates for small and medium enterprises (SMEs). What this means is that these types of companies need...
View ArticleDubai International Financial Centre: Strong Growth Related to Business in...
The Dubai International Financial Centre has recently reported a strong growth in investments and new employments in its jurisdiction during the first half of 2015. This growth is particularly...
View ArticleDubai, the Second Best City for Expats Starting a Business
Dubai is the second best city for expats in the world, according to a study released recently by HSBC, a multinational banking and financial services company. The Emirates are also included in the top...
View ArticleInternational Investors Attracted by Investments in Abu Dhabi
The Etihad Airways Platform Financing bond raised approximately 700 million dollars. A 500 million $ debut bond was issued first, followed by a 200 million $ bond two days later. Both had a rate of...
View ArticleUAE to Enforce New Labor Law from 2016
The UAE Minister of Labor has issued three new ministerial decrees in order to enhance the labor market conditions. The new legislation refers to contractual relations between employer and employee...
View ArticleNew Guidelines for Selling Real Estate in Dubai
After amending the Dubai Land Register Law several times over the years, the Government has recently issued new guidelines for property registration in the Emirate. These guidelines are intended for...
View ArticleAn Overview on Renting in Dubai
Dubai is an attractive destination for investments in the Middle East. However, the city is known for its higher costs. While in some areas the costs for renting properties has risen during the last...
View ArticleGovernment Issues New Dubai Data Law
After launching the Dubai Smart City program, the Government enabled the Dubai Data Law in order to allow the sharing of government information with the private sector. The Data Law will enable...
View Article90% of Companies in UAE Intend to Hire
More jobs will be created in Dubai and the rest of the Emirates in the coming months. This is a good indicator of the current economic situation and also of the foreign investments in the Emirate....
View Article7 Reasons to Live and Work in Dubai
Dubai is an important financial and business center in the Middle East. Foreign investors who open companies here can think about moving to the city. The experts at our law firm in Dubai can help you...
View Article