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Sharjah OKs foreign ownership of commercial, industrial firms

Sharjah / WAM The Sharjah Economic Development Department (SEDD) announced that it would be implementing the full foreign ownership policy, allowing investors of natural and legal persons to own 100 percent of commercial and industrial companies and practice activities in the Emirate of Sharjah. This decision includes no requirements such as a specific capital or any additional fees for foreign ...

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Ajman approves 1,000 economic activities for full ownership

Ajman / WAM The Department of Economic Development in Ajman (Ajman DED) opened 100% ownership of economic activities in the commercial and industrial sectors to foreign investors. In this regard, the department has approved over 1,000 economic activities for foreign investment, except those with a strategic impact, which were agreed upon during the meetings of the Strategic Impact Economic Activities ...

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flydubai resumes its operations to Italy

Dubai / WAM flydubai, the Dubai-based airline, has announced on Wednesday the resumption of its operations to Naples in Italy. The three weekly flights to Naples International Airport (NAP) will commence on July 1. From June 2, a quarantine-free travel corridor has been established between Italy and the UAE enabling passengers to travel between the two countries with less restrictions. ...

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