A key meeting between the Ajman Chamber of Commerce and Industry and the UAE Ministry of Economy (MoE) has laid the groundwork for improved export services, with a focus on simplifying the process for issuing certificates of origin. The session took place at the Thara Centre for Entrepreneurship and is part of the national “Zero…
Dubai has introduced a pivotal regulation allowing businesses operating within free zones to expand into the mainland, making Company Formation in the UAE more flexible and accessible. This groundbreaking move, sanctioned by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, grants free zone enterprises—except financial institutions regulated under the Dubai International…
The UAE government has introduced a comprehensive set of regulatory changes aimed at refining the legal profession and consultancy sector. The updated framework establishes clearer guidelines for legal operations, governance, and international collaboration, ensuring higher transparency and efficiency across the industry. Major Legal Reforms and Key Updates The newly enacted regulations provide a structured approach…
In a significant move towards enhancing the UAE’s financial ecosystem, Al Etihad Payments, a subsidiary of the Central Bank of the UAE (CBUAE), has announced a strategic partnership with Visa. The collaboration introduces Jaywan-Visa debit and prepaid cards, reinforcing the nation’s commitment to digital transformation and financial accessibility. Revolutionizing Payment Systems in the UAE The…
Dubai has launched the International Sports and Entertainment Zone (ISEZA), a groundbreaking initiative within the Dubai World Trade Centre (DWTC) Free Zone. This industry-specific free zone is set to transform the sports and entertainment sector by providing specialized business licensing, operational support, and a dynamic ecosystem for companies looking to expand in Dubai. A Dedicated…
Small and medium-sized enterprises (SMEs) are increasingly expanding into global markets, yet cross-border transactions pose significant challenges, including high costs, compliance complexities, and security risks. Fintech innovations like WorldFirst are transforming international business by streamlining payments and offering secure, cost-effective digital financial solutions. Simplifying International Payments for SMEs WorldFirst, a leading cross-border payment service provider,…