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Interesting News and useful Articles about business in UAE

Main picture: What is a bank secrecy? What is the degree of a bank’s responsibility for its disclosure?

What is a bank secrecy? What is the degree of a bank’s responsibility for its disclosure?

authorPublished by Evira Savir author | Tags: Dubai, UAE, banks, bank

Privacy is one of the main issues of concern for bank clients. Let us understand what is included in the concept of bank secrecy, and what is the responsibility of a bank for its unlawful disclosure.

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Main picture: Buying property on the name of an Offshore Company in the UAE

Buying property on the name of an Offshore Company in the UAE

authorPublished by Evira Savir author | Tags: Dubai, UAE, offshore, property

One of the advantages of the offshore companies in the United Arab Emirates is a possibility to purchase a real estate on the name of a company.

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Main picture: Closing a Bank Account in the UAE

Closing a Bank Account in the UAE

authorPublished by Elvira Savir author | Tags: Dubai, UAE, banks, bank

There can be different reasons to close a bank account in the United Arab Emirates. For example, in the case when the dissolution of an offshore or onshore company is planned, or if you want to change one bank to another which offering more attractive conditions, or you simply do not need a bank account anymore.

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Main picture: What Types of Companies are available to be Registered in RAKIA and RAK IBC

What Types of Companies are available to be Registered in RAKIA and RAK IBC

authorPublished by Elvira Savir author | Tags: Ras Al Khaimah, UAE, business, open business

RAKIA (Ras Al Khaimah Investment Authority) and RAK FTZ (Ras Al Khaimah Free Zone) Free Trade Zones are very popular among foreign entrepreneurs and offer attractive conditions for carrying on business.

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Main picture: Overview of the DAMAC Properties Construction Company

Overview of the DAMAC Properties Construction Company

authorPublished by Elvira Savir author | Tags: company reviews, Dubai, UAE

The DAMAC Properties real estate developer is well known both in the UAE and beyond for its exlusive hotels and premium class private luxury apartments.

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