Dubai Golden Visa – Eligibility & Everything to Know in 2023
UAE golden visa Golden visa is given to individuals as an award for their generous investment to secure their living in the country. The government considers the Golden visa as an opportunity to grow their foreign direct investment and improve the GDP. Rather than a normal two-year residence visa, a Golden visa allows residence for […]
Emirates development bank to finance SMEs in Sharjah free zones
Emirates Development bank or EDB acts as a key financial engine of the UAE economy. In the recent economic diversification and industrial transformation agenda, they signed an MoU with the Sharjah Airport international free zone and Hamriyah free zone to provide financial support to start-ups and SMEs in these free zones. The MoU shares the […]
UAE, South Korea To Support Entrepreneurs, SMEs
The United Arab Emirates and South Korea have signed a joint agreement to support the growth of entrepreneurs as well as small and medium-sized establishments. The initiative, spearheaded by National Programme for Small and Medium-Sized Enterprises, which comes under the UAE Ministry of the Economy, inked the agreement with the Korea Knowledge Sharing Programme of […]
Why Set Up Your Offshore Company in UAE?
Traditionally, the Cayman Islands and the British Virgin Islands have been hot favourites for offshore company formation. So much that four out of every ten offshore companies are incorporated in the British Virgin Islands. It is not hard to see why – they offer a high degree of confidentiality as well as zero taxes on […]
UAE Exports to Jordan to Receive Trade Financing
The Abu Dhabi Exports Office (ADEX) has signed an agreement with the Capital Bank of Jordan that will allow a $20 million line of credit for exports from the United Arab Emirates. The move is believed to have a significant impact on the economies of both countries. The Abu Dhabi Exports Office is part of […]
UAE: Business-friendly Policies Attract More Investors
The United Arab Emirates has announced a slew of measures to make the country more attractive to global investors and business owners. Between January 2022 and May 2022, Dubai welcomed 6.17 international visitors, made possible by stringent implementation of COVID-19 measures that allowed business to go on as usual, despite the virus. Digitisation of businesses […]
Dubai – the next market for India’s B2B fintech
Willing to stay longer in the serene city? The UAE introduced a new framework for long-term residence visas. The new visa policies encourage foreigners to work, live, and study without the support of local sponsors. Moreover, if they own a business on the mainland, you get 100% ownership of the business. The long-term visa is […]