UNITED ARAB EMIRATES

SINGAPORE: Cross-Border Digital Trade Document Pilot Scheme Announced

22 November 2021

A pilot of the world’s first cross-border digital trade document transfer service has been agreed between representatives of the Abu Dhabi Global Market and the Monetary Authority of Singapore (MAS) to facilitate trade finance. More

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UAE: Hong Kong Opens First Economic and Trade Office in Dubai

16 November 2021

Hong Kong has opened its first economic and trade office (ETO) in Dubai, aimed at deepening ties with partners in the region, particularly in the six Gulf Cooperation Council (GCC) member states. More

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UAE: Abu Dhabi Introduces Virtual Business Licence for Non-Resident Investors

04 November 2021

Abu Dhabi now allows non-resident foreign investors to do business in the emirate without residence through a virtual economic licence, according to the Abu Dhabi Department of Economic Development (ADDED). More

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MIDDLE EAST: QIMA Approved as a Gulf Mark Notified Body by GCC Authorities

27 October 2021

The Gulf Standardization Organization (GSO) has approved Hong Kong-founded QIMA as a Notified Body to ensure electrical products and toys safety. More

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UAE: Dubai’s DWTC Authority Issues Regulations to License Family Offices

19 October 2021

The Dubai World Trade Centre Authority (DWTCA) has introduced new regulations on setting up single and multiple family offices within its designated free zone. More

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MIDDLE EAST: GCC Unified Customs Law Amended on Counterfeit Imports

30 September 2021

The Gulf Cooperation Council (GCC) Unified Customs Law has recently been amended to fight counterfeit import. More

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Post-Covid Prospects: The United Arab Emirates

23 September 2021

The first case of COVID-19 in the UAE was recorded on 29 January 2020, and so the Emirates was one of the first countries in the world to see confirmed cases. Repeated lockdown measures to curb the spread of the virus, coupled with the global and regional economic recession, severely impacted the economy of the Middle East’s global business hub, and hit the tourism, logistics and retail sectors particularly hard. More

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UAE: ‘Projects of the 50’ to Boost Economy and FDI

21 September 2021

The United Arab Emirates (UAE) is rolling out a series of initiatives to attract foreign direct investment (FDI), enhance competitiveness and drive growth. More

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UAE: Sharjah Publishing City Launches Summer Business Setup Packages

31 August 2021

The Sharjah Publishing City Free Zone (SPC Free Zone) has launched three discounted business setup packages available until 5 September, according to the official Emirates News Agency. More

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UAE: Hong Kong Identified as a Top Export Growth Market by Dubai Chamber

20 August 2021

Hong Kong’s jewellery, perfume and toiletries sectors are identified as high potential for UAE exporters in a new Dubai Chamber of Commerce and Industry business intelligence tool. More

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