The challenges of finding a local UAE sponsor

When it comes to setting up in the UAE as a foreign businessperson, there are basically two options: you can start a business in a free zone or launch a mainland company. While there are opportunities in both, there is a wealth of lesser-known advantages ... ( read original story ...)

UAE central bank says non-oil growth to reach 3% this year

he non-oil part of the United Arab Emirates economy is expected to grow 3 per cent this year, accelerating from 2.7 per cent last year, the central bank said. “The recent improvement in oil prices has shed a positive sentiment on the economic activity in ... ( read original story ...)

UAE, Saudi working on digital currency for cross-border deals

On Wednesday, however, Mansouri said the central banks wanted to understand blockchain technology better. He told reporters that the UAE-Saudi digital currency would be used among banks, not by individual consumers, and would make transactions more efficient. ( read original story ...)

National Bank of Fujairah Joins Nasdaq Dubai Murabaha Platform

National Bank of Fujairah (NBF) announced today that it has joined Nasdaq Dubai’s rapidly expanding Islamic financing Murabaha platform, which offers unique advantages to financial institutions and clients seeking Sharia’a-compliant solutions and ... ( read original story ...)

Incentives galore in Abu Dhabi property

(MENAFN - Khaleej Times) Prolonged economic headwinds have meant that Abu Dhabi's real estate market has continued to stagnate during 2017, with the majority of sale and lease activity driven by affordability and incentives being offered by landlords and ... ( read original story ...)

Dubai Among Top 30 Global Cities for Commercial Real Estate

Dubai breaks into the Top 30 Global Cities ranking for the first time, according to JLL’s annual Global Cities Ranking, ‘Global300’ survey focused on evaluating 300 cities that are centered around commercial real estate activity. Ranking 27th place ... ( read original story ...)