News Archive 2016 | Page 4 of 12

General principles of banking compliance in the UAE When opening bank accounts in the UAE, banks must comply with international client identification and risk management standards, including KYC (Know Your Customer), AML (Anti-Money Laundering), and CTF (Counter-Terrorist Financing) procedures. These requirements are mandatory for banks worldwide and are governed by both national and international regulations...

Investing in real estate in the UAE is traditionally regarded as one of the most reliable and transparent ways to preserve and grow capital. The acquisition of real estate in Abu Dhabi is permitted in the name of an individual or a legal entity, provided the applicable regulatory requirements are met...

The purpose of this overview is to describe the key aspects of starting a business in the Emirate of Dubai, United Arab Emirates – one of the most attractive and business-friendly regions in the world. For many years, the Government of Dubai has consistently fostered a favorable business environment for both small and medium-sized enterprises and large international companies...

There is a saying, “It's not the gay coat that makes the gentleman”. That is true, but in some countries, clothes have a deeper meaning than just aesthetic one...

Dubai is rightfully considered one of the most attractive cities in the world for relocation, living, and doing business. It combines a high level of safety, advanced infrastructure, a favorable business environment, and an international lifestyle...