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Banks and bank accounts in Dubai, the UAE

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...

Authors: Alliance Business Advisors July 2016Read more
Practice to use UAE companies – RAK ICC companies

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...

Authors: Alliance Business Advisors July 2016Read more
La Perle - the first aqua-show permanently based in Dubai.

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...

Authors: Alliance Business Advisors July 2016Read more
Burj Al Arab Terrace in Dubai is opened

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...

Authors: Alliance Business Advisors July 2016Read more
Regulations on company names in the UAE, possible abbreviations, restrictions

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 names...

Authors: Alliance Business Advisors July 2016Read more
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