DMCC Tradeflow hosts international soft commodity pledge

DMCC Tradeflow established as the online exchange for physical commodities in 2014, in the UAE with the goal of stimulating liquidity in Dubai’s commodity trading marketplace. More than 100 pledges booked in a variety of commodities for the UAE-based banking community. The platform allows for electronic transfer of ownership through tradeable warrants, which are certificates […]

Dubai’s foreign trade is expected to touch AED4trn

In 2013, Dubai trade hit Dh1.392 trillion and was the major contributors to Dubai’s GDP with almost 30% of the total. The government will keep spending by prompting more businesses, infrastructure and investment will come to the UAE. New comes to be developed across all business sectors, and drastic increase on demand on goods will […]

DIFC to hike Freehold Transfer Fee

DIFC is a financial free zone linking markets in the Middle East and North Africa with the rest of the world. The advantages of doing business in the center include 100 % foreign ownership, 0% on income and profits for 50 years, and an international legal system based on English Common Law. The Dubai International […]

India looks to boost ties with Jebel Ali Free Zone

India has sent a delegation to the United Arab Emirates to seek stronger trade ties with authorities from the Jebel Ali Free Zone (Jafza) in Dubai. The delegation comprised top executives of leading Indian companies who have been in Jafza for the last more than twenty years. Since 1985 Jafza and India share strong business […]

Dubai DED is studying to issue licenses through lawyers offices

The Department of Economic Development in Dubai (DED) is planning to issue business licenses for investors through lawyers’ offices. Investors and business owners can authorize these assigned bodies to work on licensing procedures by providing these services to the lawyers’ offices. Dubai’s global position and supplements the UAE’s initiatives to make an indicate in the […]