Alliance-dubai.net - News Archive 2016

News & Articles

Banks and bank accounts in Dubai, the UAE

Banks and bank accounts in Dubai, the UAE

July 2016

Banks and bank accounts in Dubai, the UAE When speaking about banks and the financial system of the UAE, it is necessary to note a few features of this system. First of all, historically the banking system was being shaped based on the UK financial system. The proof of it is the availability of several UK financial institutions in the UAE, and the law system applicable in the Dubai international financial centre (DIFC). It is important to note that there are essentially 2 territories available for banks to carry out their

Practice to use UAE companies – RAK ICC companies

Practice to use UAE companies – RAK ICC companies

July 2016

Practice to use UAE companies – RAK ICC companies International business companies or RAK ICC companies of the UAE are the companies which have some certain special regulations in terms of permitted types of activities and territory where such companies can do business. These companies can do business anywhere in the world except of the UAE. In the UAE such company can have a bank account and, if necessary assign auditor (be the law UAE RAK ICC company does not need to file audit, however some customers do make audit

La Perle - the first aqua-show permanently based in Dubai.

La Perle - the first aqua-show permanently based in Dubai.

July 2016

La Perle - the first aqua-show permanently based in Dubai. Next year in Dubai the first local permanent art show with the participation of international aerialists and dancers will be launched. The world-wide known Belgian - Italian artistic director Franco Dragone created La Perle, a water themed show that will be located at Habtoor City. La Perle will have more than 450 shows a year in a contemporary theatre which has 1,300 seats. 70 dedicated operators will support the  show with aerial and water daredevil stuns at La

Burj Al Arab Terrace in Dubai is opened

Burj Al Arab Terrace in Dubai is opened

July 2016

Burj Al Arab Terrace in Dubai is opened The most exclusive hotel in the world presents its new terrace expanding over the sea. There are the following new facilities: 828m2 infinity pool with salt water, a 612m2 pool with fresh water and 32 cabanas with air condition. Outdoor luxury relaxation facility is extended into the sea for 100m. The terrace of Burj Al Arab is brought to Dubai from Finland in sections and further installed precisely on its place. It took just 11 months to construct ship and assemble this

Regulations on company names in the UAE, possible abbreviations, restrictions

Regulations on company names in the UAE, possible abbreviations, restrictions

July 2016

Regulations on company names in the UAE, possible abbreviations, restrictions There are 3 fundamentally different types of companies in the United Arab Emirates: offshore companies, onshore companies operating in the Free Trade Zones and the companies on the main territory of the UAE. Each of these types of the legal entities is governed by its own regulations with respect to all permitted and prohibited words and terms used in company names, as well as the indication of a legal form at the end of the company

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