UNITED ARAB EMIRATES

UAE: Abu Dhabi Automates Customs Border Inspections

23 February 2021

The Abu Dhabi General Administration of Customs (ADCA) has introduced an automated system for managing and implementing customs inspection processes. More

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UAE: Dubai Launches Business Set-up and Licensing Portal

19 February 2021

The Invest in Dubai platform was launched on 2 February 2021, enabling foreign investors and entrepreneurs to open businesses and obtain necessary trade licences in a few minutes, without the need to physically visit any government service centre. More

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UAE: Abu Dhabi Ports Freezes Rents in its Economic Zones

20 January 2021

Abu Dhabi Ports has extended its relief measures for businesses in its Industrial Cities and Free Zone Cluster unit by freezing rent increases for the whole of 2021. More

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QATAR: Accord Signed with Saudi Arabia, UAE, Bahrain and Egypt Restoring Trade Links

19 January 2021

The Kingdom of Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt have restored diplomatic and economic ties with Qatar after a three-year rift which saw Qatar’s trade impacted deeply by a serious blockade of its land, sea and air trading routes. More

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UAE: Economic Substance Rules Deadline Extended to 31 January 2021

07 January 2021

Onshore, foreign invested, free zone, and other businesses that engage in specified relevant activities in the United Arab Emirates (UAE) now have until 31 January 2021 to comply with the country’s new Economic Substance Regulations (ESR). More

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UAE: 100% Foreign Ownership of Companies Outside Zones Now Possible

03 December 2020

The United Arab Emirates (UAE) has removed the requirement for an Emirati partner for foreign entrepreneurs setting up businesses in the country, opening the way for 100% foreign ownership across the Emirates. More

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UAE: Sharjah Releases Second Incentives Package

20 November 2020

The government of Sharjah, one of the seven emirates making up the United Arab Emirates, has released a new incentives package to mitigate the economic impact of the Covid-19 pandemic, including measures that should benefit trade. More

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UAE: Dubai Multi Commodities Centre ups Incentives to Attract Foreign Businesses

12 November 2020

The Dubai Multi Commodities Centre (DMCC) has launched a business setup package that allows international businesses to open a representative office in the free zone within five working days, with a six-month trial period free of regular charges. More

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UAE: Abu Dhabi Customs Announces New Incentives for Importers

23 October 2020

The Abu Dhabi General Administration of Customs has announced a number of new incentives and facilities for importers and their partners to help boost competitiveness in international trade. More

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UAE: Dubai Launches Giant Globally-Focussed B2B Wholesale Market

08 October 2020

The Investment Corporation of Dubai (ICD), Dubai's sovereign wealth fund, announced on 21 September 2020 the launch of the Dubai Global Connect (DGC) project, a one million m.sq. B2B wholesale market located in the Dubai South free trade zone, and adjacent to Al Maktoum Airport and Jebel Ali Port. More

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