Common medicines such as Panadol, paracetamol, antibiotics, or anti-allergies are just some types that you might often see in medical stores and even in general stores. These medicines, no matter how accessible, still require several approvals from the Ministry of Health and Prevention (MOHAP) prior to its importing, marketing, or selling in the United Arab…
Dubai has finally revealed the much-awaited itinerary list for the upcoming Dubai 2020 Expo, which includes fascinating things such as detecting alien life to having robust music bands perform at the prestigious event. Expo 2020 suffered tremendously due to the COVID-19 pandemic. However, things are back on track and the pandemic is slowly dying out…
The Vice-President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has claimed that the Foreign Direct Investment (FDI) increased by 44 percent in the year 2020. This information was shared by Sheikh Mohammed in a tweet, which read: “Despite the UN’s estimates that global foreign direct investment…
The United Arab Emirates (UAE) has firmly established itself as a business hub and Dubai remains one of the most prominent cities to lead from the front. With the increase of new opportunities, the number of investors in the region is increasing drastically. This influx of business has not only been helpful for the investors…
Offshore banking is a term that is coined to define banking activities that are carried out from remote locations. The offshore banks typically work in the same way as conventional banks but with added flexibility; money can be swiftly moved around different banks, and in any currency desired. Businesses with investors from abroad tend to…
In order to maintain a proper financial record of your business, you need a separate bank account to manage its funds. The corporate bank account can be utilized for tracking the money which is to be paid to the creditors, managing cash balance, creating profit and loss statements based on the funds owed to the…
