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Banks in the UAE

Banks in the UAE

April 2017

Banks in the UAE The banking system of the UAE is characterized by high level of stability and reliability. The local banks offer all the necessary banking services for both companies and private individuals. At the same time, the UAE, like any other country, has its particulars. First of all, these particulars concern the limitations for opening a bank account, which are imposed on the non-residents of the UAE. It applies to both natural persons and foreign companies. It is worth mentioning that not all banks offer the

Assets protection - definition, tasks, strategies

Assets protection - definition, tasks, strategies

April 2017

Assets protection - definition, tasks, strategies Throughout human history, the ownership relations were one of the most important in human society. It is human nature to be guided by the desire to possess, use and dispose own assets. Human history abounds with the examples when the disproportionate distribution of assets in society has caused negative consequences for both ordinary citizens and countries as a whole. Restriction of rights of certain social groups regarding the possibility to accumulate own assets was also a

Possible problems and difficulties related to opening an account in Dubai

Possible problems and difficulties related to opening an account in Dubai

April 2017

Possible problems and difficulties related to opening an account in Dubai The UAE banking sector is characterized by a high level of convenience and comfort. However, some difficulties can arise when opening an account. What are they related to? In fact, all the difficulties can be divided into the following categories: The wrong choice of a bank Improper preparation of the documents for opening an account Wrong selection of the service package Lack of understanding of the processes and procedures of a

UAE GDP: 3,5% growth in 2017-2020

UAE GDP: 3,5% growth in 2017-2020

April 2017

UAE GDP: 3,5% growth in 2017-2020 The Government of the United Arab Emirates and its authorities have succeeded in pulling the national economy out of the recent recession caused by the significant decline in oil prices. Such ambitious claims were announced by Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation, Chairman and Chief Executive of Emirates airline and Group and Chairman of the Economic Development Committee in Dubai. According to the data provided by Shaikh Ahmad, the Emirate of Dubai is right

Dubai waterfront luxury real estate

Dubai waterfront luxury real estate

April 2017

Dubai waterfront luxury real estate Dubai is well known as the world’s most favourable destination for living and carrying on business. It offers all types of real estate, both for business and residential, and the entire necessary infrastructure. Recently Dubai has undergone some slowdown on the local real estate market. However, the volume of construction works and sales looks to significantly increase in 2017. In general, the overall revival is expected both in the construction and in the associated industries. Dubai

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