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Singapore digital bank wannabes must prove they can profit

Bloomberg Grab Holdings Inc and gaming company Razer Inc will need to demonstrate how their millions of users can help them generate profits if the two technology firms are to win one of Singapore’s coveted virtual banking licenses. That’s because the Monetary Authority of Singapore is putting more emphasis on profitability and strong capital requirements than some other regulators inviting ...

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Ajman Free Zone opens business hub for investors

Ajman / Emirates Business Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of Ajman Free Zone (AFZ), officially inaugurated the “Business Hub”, a dedicated facility for both freelancers, entrepreneurs and businesses accommodated within the main Ajman Free Zone building. The new hub has been specially designed to provide AFZ investors with a comfortable and practical environment from which to operate their ...

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New rules to increase ease of doing business, says DMCC

DUBAI / WAM Dubai Multi Commodities Centre, (DMCC) – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced a set of new rules and regulations effective from January 2, 2020 to further enhance the ease of setting up and doing business in DMCC. The new regulations update DMCC’s existing company law ...

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