Category Archives: Business

Is it possible to leave the UAE without canceling my company’s free zone license?’

There is one free zone in Fujairah and everyone has more than one variety of trade licenses. BG has not confirmed the precise created, thus recommendation will solely be general in nature. I asked Marianna Bulbuc, the chief executive of Bizzmosis Business Services, a specialist in UAE company formation, for her recommendation. She said: “As… Read More »

BASF ADANI may be backed by Use and Herman companies.

United Arab Emirates’s capital National Company (ADNOC) and Germany’s Borealis might acquire stakes within the BASF-Adani projected petrochemicals venture in India. In January this year, BASF and Adani proclaimed a petrochemical project in Mundra, Gujarat, entailing an investment of Rs 16,000 crore.  With United Arab Emirates’s capital and Borealis returning into the venture and also… Read More »

$250m fund investment by Al Raha

Bahrain’s Al Waha Fund of Funds has proclaimed a considerable investment in Beijing-based MSA Capital – its 1st investment during a Chinese fund. MSA Capital, the foremost active Chinese fund within the Gulf, plans to use Bahrain as its “hub for regional expansion.” it’ll work closely with regulators, entrepreneurs, and strategic company partners to attach… Read More »

Bangladesh to build ships for UAE

DHAKA: at this time, Bangladeshi ships are being exported to around 12 countries in Asia, Africa and Europe. “Made in Bangladesh ships have a large potential in India, Pakistan, Asian country, the United Arab Emirates (UAE), Norway, Sweden, Denmark, Finland, Italy, Federal Republic of Germany and a few African countries. Now, our focus is to… Read More »

The private sector growth of UAE falls to the lowest in 9 years

Development in the United Arab Emirates’ non-oil private part eased back to a nine-year low in September, in the midst of record low new requests reflecting delicate interest, a review appeared on Thursday. The occasionally balanced IHS Markit UAE Purchasing Managers’ Index (PMI), which spreads assembling and administrations, fell somewhat to 51.1, from 51.6 in… Read More »