• World Islamic Banking Conference
UAE allows 100 percentage ownership foreign  Investors

UAE allows 100 percentage ownership foreign Investors

The United Arab Emirates will soon allow foreigners to fully own their business in Dubai or Abudhabi without a local partner .The new rule is to stop other Gulf countries on its lead in attracting foreign investment. UAE also announced 10-year residency permits for professional from foreign countries. This decision is a clear indication that UAE is seriously diverging their revenue model without depending on the revenues from oil. At present, the business houses in free zone areas like the Dubai International Financial Centre are the only few places where expats can hold 49% shares along with a local partner. Dubai, with its eight-lane highways, sea-side skyscrapers, giant malls is one of the most preferred cities among expatriates.

 

 




IMMAF head praises KHK Heroes initiative

IMMAF head praises KHK Heroes initiative

2018 IMMAF - WMMAA World Championships of Amateur Mixed Martial Arts is set to create history for showcasing a social cause during the opening ceremony of the event. 2018 World Championships marks the biggest event ever held showcasing

Hamilton wins nail-biting Brazilian GP

Hamilton wins nail-biting Brazilian GP

New five-time world champion Lewis Hamilton steered his Mercedes to a nail-biting victory in yesterday’s Brazilian Grand Prix, a triumph that clinched the constructors championship for a fifth consecutive season for the team. The

Floods kill 12 in Jordan

Floods kill 12 in Jordan

Flash floods killed 12 people in Jordan and forced nearly 4,000 tourists to flee the famed ancient desert city of Petra, emergency services said yesterday. Search teams were scouring valleys near the historic hill town of Madaba for a young girl who was still missing after Friday’s floods,


Brave CF athletes arrive in Bahrain

Brave CF athletes arrive in Bahrain

Professional fighters who will compete in the 18th edition of Brave Combat Federation will arrive in Bahrain from today. The fight night will be held at the Khalifa Sports City in Isa Town, Bahrain on 16th November. The event will be t

IMMAF head praises KHK Heroes initiative

IMMAF head praises KHK Heroes initiative

2018 IMMAF - WMMAA World Championships of Amateur Mixed Martial Arts is set to create history for showcasing a social cause during the opening ceremony of the event. 2018 World Championships marks the biggest event ever held showcasing

Hamilton wins nail-biting Brazilian GP

Hamilton wins nail-biting Brazilian GP

New five-time world champion Lewis Hamilton steered his Mercedes to a nail-biting victory in yesterday’s Brazilian Grand Prix, a triumph that clinched the constructors championship for a fifth consecutive season for the team. The

MENA Aerospace to take part in air show

MENA Aerospace to take part in air show

MENA Aerospace will be participating in the Bahrain International Air Show 2018 (BIAS 2018) at Sakhir Airbase at exhibition stand E06 and Chalet A36. Strategic partners InterTec and IJM will be well-represented, with top executives fro

Export Bahrain opens

Export Bahrain opens

Bahrain’s SME Development board in cooperation with Tamkeen yesterday launched ‘Export Bahrain’ aimed at strengthening the private sector’s role, promote exports and increase the competitive power of local small

ADGM, CBB in deal to promote fin sector

ADGM, CBB in deal to promote fin sector

Abu Dhabi Global Market (ADGM) and Central Bank of Bahrain (CBB) signed a Memorandum of Understanding (MoU) to promote and facilitate innovation in financial services across the United Arab Emirates and Bahrain. The agreement was signe