Recent Posts

Additional funding for UAE federal budget approved

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decree-Law No.6 of 2018 approving an additional funding to the general federal budget and to the budgets of independent entities for the current fiscal year. The Decree-Law published in the latest issue of the Federal Gazette, stipulates that the estimated general budget expenses for ...

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President issues decree amending Commercial Companies Law

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decree-Law No. 07 of 2018 amending articles within Federal Law No. 02 of 2015 on Commercial Companies. The Decree stipulates that Article 14 of Federal Law No. 02 shall be amended to reflect that the Memorandum of Association of a company and each amendment ...

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Dubai issues permits to 163 free zone firms

Dubai / WAM The Department of Economic Development (DED), in Dubai has permitted 163 free zone companies to operate in mainland Dubai following a Memorandum of Understanding (MoU), signed earlier this year between DED and the Dubai Free Zones Council. The MoU sought to enable free zone entities in Dubai to expand their operations across the emirate, and strengthen Dubai’s ...

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