(Hong Kong, 2012-10-11) Two of the UAE's largest banks are leading an expansion drive into China as trade between the two countries continues its rapid growth. The National Bank of Abu Dhabi (NBAD) and Emirates NBD have both launched their first representative offices in China. NBAD, which has the largest international presence among all UAE […]
Business in Singapore Singapore has attracted various organizations – ranging from the Fortune 500 companies, small and medium enterprises, educational institutions to news bureaus – to form their place in Singapore’s business landscape. Singapore is well known around the world as a multicultural, multi religious and multi-racial harmonious island food paradise. Starting as a […]
Domestic Company – Freestyle at the Gulf Basis for companies which shall be established and operated in the UAE domestic (or "mainland"), is Federal Law No. 8 of 1984, "Commercial Companies Law" (CCL), as well – at least for most foreigners negligible – as rules for partnerships in the UAE Civil Code. Opinions differ […]
Free Zones – Drivers of the Hub The institution of Free Trade Zone still exists since over 2,000 years, developed from the idea of Free Ports as Duty-Free or Special Economic Zones. In the ports of Carthage and Tyro, the Phoenicians granted traders tax benefits on goods they could not sell and had to […]
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