Yesterday (15th September) we witnessed a historic moment with the signing of landmark agreements normalising the relationship between Israel and UAE and Bahrain. The event was marked at a White House ceremony hosted by US President Donald Trump where Israel Prime Minister Benjamin Netanyahu, UAE Foreign Minister Shaikh Abdullah Bin Zayed, and Bahrain Foreign Minister Abdul Latif Al Zayani signed … Read More
Dubai Retirement Visa: what you need to know
A programme developed by Dubai Tourism and the General Directorate for Residency and Foreigners Affairs (GDRFA) has been launched to encourage people to retire in Dubai. Residents and foreigners above 55 years old may apply for the Retirement Visa provided they meet certain criteria. Eligible and successful applicants will be provided with a residency visa that is renewable every five … Read More
Introducing the DIFC Innovation License
Dubai International Financial Centre (DIFC) has launched a new license for startups, entrepreneurs, and technology firms. The new Innovation License will attract a variety of businesses to DIFC and is a key initiative for the Dubai Future District, which was announced in January 2020 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler … Read More
Ras Al Khaimah to offer 100% foreign ownership for mainland companies
Ras Al Khaimah Economic Zone (RAKEZ) will allow 100% foreign ownership for companies based on the mainland in order to attract more foreign direct investment (FDI) into the Emirate. RAKEZ (home to over 15,000 companies) announced the new company formation regime which is intended to strengthen key strategic sectors of the economy as a whole. RAK’s Department of Economic Development … Read More