AML/CFT Fresh Guidance issued by UAE Central Bank
The Central Bank of the UAE (CBUAE) has issued fresh anti-money laundering and counter-terrorist financing (AML/CFT) guidelines to Registered Hawala Providers
UAE Federal Law on Foreign Direct Investment
The UAE government had come up with a landmark initiative last year, allowing complete ownership to foreign investors
Saudi Arabia Increases VAT to 15%
Saudi Arabia has decided to triple its VAT, from 5 percent to 15 percent. The measure is being taken to support the coronavirus-hit economy and it will be effective from...
Expo 2020, new dates announced
Expo 2020 has been one of the most anticipated events that the entire world was looking forward to. But, unfortunately the current pandemic crisis has forced the organizers to postpone...
Business Continuity Plan: Thinking Beyond IT
Many of us have a notion that emergency and disaster planning are the core responsibility of IT team. While they do have a major role in managing crises,
Stimulus Package for Dubai Free Zones
Companies based in Dubai free zones need not worry about paying rent for the next 6 months. The Dubai Free Zones Council has come up with a major relief package
Automatic renewal of visas in UAE
The entire world has come to a halt because of the corona virus pandemic. People are placed under home quarantine and there are many who are unable to go to...
New Business Incubator by Dubai SME
Dubai SME has recently introduced a new business incubator named Bedayat, to promote entrepreneurship and innovation in the emirate.
2020: Towards the next 50
The year of tolerance has come to an end and its time for a new beginning. This time the government of UAE has decided to take a different route, by...