Dubai Multi Commodities Centre (DMCC) is the epicenter of all things related to global trading. It’s the most perfectly placed Free Zone in the world with all leading business hubs being less than eight hours away. Having its headquarters in Dubai, it is the most......

There’s a reason why DMCC is The Leading Free Zone in the world. Everyone here at DMCC believes in offering the best possible service and assistance to the companies and clients. However, there might be specific questions about its location, business support, technological assistance, networking,......

Vanuatu Government appoints new Trade Commissioner in the UAE   Over the next three-years, the new Trade Mission will be committed towards building a stronger relationship between Vanuatu and the UAE   After the Republic of Vanuatu formed their new Government under the Hon. Prime......

The Knight Frank World Wealth Report 2019 reports the world’s super-wealthy spend over USD 2.4bn on second citizenship each year, with most demand coming from China, the Middle East, and Russia. Immigration amongst high-net-worth individuals is ‘strong and growing’, the report notes. Indeed, some of......

Huriya Private is delighted to announce Canada’s extreme adventurer and TV celebrity – Ryan Pyle as Brand Ambassador. Born in Toronto, Canada, Ryan spent his early years close to home. After obtaining a degree in International Politics from the University of Toronto in 2001, Ryan realized a......

There are many reasons you may be considering investment immigration. Fewer travel and trade restrictions, for instance, and the personal and business opportunities attached. Fairer taxation allowing you to better provide for your family. Or perhaps better education, or wider distribution of essential medical services. In......

Lisbon was recently ranked the best city for investment and development prospects by PwC for 2019, shooting up the list from 11th place last year. This is thanks in part to its rich and plentiful housing stock, relatively low cost of living and improving infrastructure,......

The Moldova Citizenship-by-Investment (MCBI) program, developed in partnership with its service provider Henley & Partners, has been temporarily suspended due to “questions about the companies that are involved in this program” after a Dubai developer used it to entice investors....

Istanbul is legendary for its history and culture, so it can be slightly overwhelming to decide how best to spend your time in the city that is famously split between Europe and Asia. Between the grand bazaars, exotic cats, and endlessly beautiful mosques, there’s no......

The Republic of Turkey has announced it will abolish entry visas for the nationals of five Schengen Countries and the UK, in a bid to further develop tourism potential, in addition to enhancing commercial, economic and cultural relations with these countries. Citizens of Austria, Belgium,......

Changes to the DFSA Collective Investment Funds regime, on which the Dubai Financial Services Authority (“DFSA”) consulted in October last year, will come into force today coinciding with the enactment of the DIFC Companies Law 2018 (“Companies Law”). The DFSA consultation included a wide-ranging set of......

Dubai has risen up the ranks of the Global Financial Centres Index (GFCI) to No. 8 position, representing its highest ever ranking. The city is the only financial centre within MEASA to appear within the top 10 rankings, placing it alongside other pivotal financial hubs......

The popularity of family offices, the private wealth management advisory firms that have ultra-high-net-worth investors, are helping shape the investment routes that Asia’s ultra-rich take in preserving their wealth for generations. Such is the number of inter-generational transfers during these times as business founders retire.......

Family offices have been known to fly under the radar and often not share much about themselves. What they all want to know, however, is what other family offices are doing. For this reason, many reports are always keenly anticipated and the UBS Global Family Office......

Dubai: A number of listed companies in the UAE, particularly banks, have announced their intention to increase foreign ownership limits (FOL), attracting higher portfolio investments into the UAE. nalysts expect the increased foreign investment into domestic banks to offer manifold benefits for the institutions concerned,......

Mashreq, the UAE’s oldest bank, and Emirates NBD, Dubai’s biggest lender by assets, both rolled out online banks for small and medium-sized enterprises (SMEs) and start-ups as they invest in digital transformation and address challenges faced by new businesses. Mashreq’s NeoBiz is a business account......

Banks and financial institutions in the UAE can use online validation gateway of the Federal Authority for Identity and Citizenship for identification verification of customers when opening their bank accounts. This will eliminate the need for physical checking of the Emirates ID card of individual......

Dubai: Three-fourths of customers trust their banks in the UAE, according to the 2018 Trust Index Survey of UAE Banks Federation (UBF) conducted in collaboration with Kantar, the data consultancy. The results show that 74 per cent of respondents had high trust in the UAE......

The UAE once again has the largest domestic banking sector in the Gulf region, with a 38 per cent share of the region’s total in 2018, according to Gulf Business‘ annual list of the Top 50 biggest GCC banks. In the UAE, bank loans increased by a......

The 2016 vintage in Bordeaux is unique – offering wines that are both age-worthy and accessible. Peter Newton from our Fine Wine team looks at how the wines from this pivotal vintage are drinking now Up until two and a half years ago, the Bordeaux en......

There’s no better way to amass wealth than to have your assets do it for you. In making investments, there are a whole lot of means to invest your money, but have you ever thought of the luxury goods industry? The greater sale of luxury......

Kevin Cogan, an avid Ferrari collector, describes the meticulous restoration of his 250 Europa Vignale hen the genius of a manufacturer meets the skill of a great coachbuilder and the inspiration of a visionary designer, masterpieces are created that can open up new avenues in......

Assets under management (AuM) at Abu Dhabi General Market (ADGM) have surpassed the $25 billion mark according to comments made by its chairman at a recent event in the UAE capital.Assets have grown more than fivefold since 2017 when AuM stood at $4.2 billion said......

Inheriting art can be a very educational and meaningful experience, helping you to learn more about your family and about the art world. On the other hand, assessing which pieces you’d like to part with and knowing how to do so can create a world......

John Hanafin, Founder and CEO of Huriya Private expresses his views on securing a second passport with the hope of a better life. Tune in to a candid conversation where John speaks to Dubai Eye 103.8 about how there’s an increase in the number of......

Today’s business world is almost borderless. Where you’re from has little bearing on where you start your company, and international founders set up in almost every corner of the globe. Some corners more than others though. Like these four. If you’re debating where to start......

What is it that’s attracting so many global citizens to Ireland? And how can you join them? Currently, 11.6% of Ireland’s total population are non-Irish nationals – and almost every nation in the world is represented, from Andorra to Zimbabwe; Afghanistan to Zambia. So let’s......

The Turkish President Recep Tayyip Erdogan has once again reiterated that visa liberalization with the Schengen countries is Turkey’s top priority. President Erdogan said so during the sixth meeting of the Reform Action Group (RAG), which was held on Europe Day on 9 May, for......

Not all passports are created equal so not all passport-holders are treated equally. How often can you feel this impact almost every element of your life? From the holidays you take, to how you conduct business, to the prospects your children enjoy. Let’s look at......

The Knight Frank World Wealth Report 2018 reports the world’s super-wealthy spend over USD 2.4bn on second citizenship each year, with most demand coming from China, the Middle East, and Russia. Immigration amongst high-net-worth individuals is ‘strong and growing’, the report notes. Indeed, some of......

Fund passporting is expected to provide flexibility to distribute company funds. The UAE will allow flexibility for distribution of domestic funds by asset management companies by allowing passporting of funds under various jurisdictions in the country. Fund passporting is expected to give the asset management......

Second citizenship is an expensive luxury, you probably think. Certainly worth consideration, but only when you’re feeling flush. The thing is though, second citizenship-by-investment doesn’t just cost money. It saves you money. Sometimes in triple figures. Here’s how. 1 – Second citizenship can save money on taxes When......

The United Kingdom are well on their way to exit the European Union. As the 29th of March looms large in the near distance, many UK companies find themselves in an unusual situation, and may feel that they are being forced to “choose an option”......

An update on recent proposed changes to the UK’s residency visa programmes and other immigration routes of entry Recently, there has been some confusion regarding the status of the UK’s Tier 1 Investor Visa Programme (IVP). As some of you may know, the Home Office,......

The UAE has been one of the most popular destinations for expats and business people for many years – and that reputation is still growing. This can be partially attributed to the UAE government’s many favourable business & visa initiatives launched earlier this year, but......

Second citizenship is an expensive luxury, you probably think. Certainly worth consideration, but only when you’re feeling flush. The thing is though, second citizenship-by-investment doesn’t just cost money. It saves you money. Sometimes in triple figures. Here’s how. 1 – Second citizenship can save money on taxes When it comes......

The UAE has been one of the most popular destinations for expats and businesspeople for a while – and that reputation is only growing, thanks to several recent government initiatives. Andrew Staples, Chief Business Reporter for Gulf News, recently wrote a special report on these......

Not all passports are created equal so not all passport-holders are treated equally. How often can you feel this impact almost every element of your life? From the holidays you take, to how you conduct business, to the prospects your children enjoy. Let’s look at......

re the cheapest citizenship-by-investment programmes? Let’s review the current investment thresholds so you can decide which best fits your needs. The Caribbean always wins when it comes to costs, so we’ll look at the top three programmes from that region first, then throw in the......

A tropical chain of 83 islands nestled in the south Pacific, Vanuatu is a peaceful, vibrant and culturally diverse nation that’s proud to welcome international travellers to its shores. But what exactly do the shores of Vanuatu hold? Not just sandy beaches and sparkling blue......

What is it that’s attracting so many global citizens to Ireland? And how can you join them? Currently, 11.6% of Ireland’s total population are non-Irish nationals – and almost every nation in the world is represented, from Andorra to Zimbabwe; Afghanistan to Zambia. So let’s......

Managing growth is about more than just the present. Considering and seizing opportunity only as it arises may work for some, but it isn’t enough for the entrepreneur who is seeking genuine, sustainable expansion for their business. Growth can contain an insidious threat that is......

Entrepreneurs are thriving. That’s especially true in the UAE, where there’s a real push to attract the best from all over the world, give them a platform for innovation and disruption, and help them shape the world over the next century. According to MAGNiTT, in......

For any company or startup – across any industry – it’s worth considering the benefits of launching in Dubai. And now is a perfect time to consider taking advantage of this world-class innovative business hub. For forward-thinking entrepreneurs, the emirate offers an ideal climate to......

EB-5 vs E2: Sounds like we are comparing fax machines, right? But these two programmes, are two of the best ways to attain residency in the United States. But that’s where similarities end. When considering either of these, it’s vital to understand their exact requirements......

Something may come from nothing. It takes hard work and commitment, but it can happen. At the end of 2015, there were 350,000 SMEs in the UAE, providing jobs to over 86% of the private sector. They accounted for over 60% of the country’s GDP,......

Visa restrictions and lengthy passport queues. Holidays based on where you can go, not where you want to go. Delayed business meetings. Lack of privacy. Extensive customs processes. Or quick, painless travel wherever you want to go. Respect in every country you enter. Freedom without borders. For those lucky......

Who wants to be a billionaire? According to the market-leading Wealth-X billionaire census there are nearly 2,400 billionaires in the world, with combined wealth of USD 7,400bn. It’s a select club. All the billionaires in the world would fit into four Boeing 747s with room......

Easy setup, no tax guaranteed, 100% ownership. Proven draws for the UAE free zones. Why, then, do so many entrepreneurs each year swap the safety of a free zone for speculation on the mainland? Simply put, it’s a logical progression of many a successful business.......

“A new digital nation for global citizens, powered by the Republic of Estonia.” That’s the official definition of the Estonian e-Residency programme – a world first, from a country so technologically forward-thinking that it’s nicknamed E-Stonia. As of November 2017, there are nearly 25,000 Estonian......

The US has long been seen as perhaps the ultimate relocation destination. Its prosperous and stable lifestyle, rich and varied culture, and world-class healthcare and education systems are just a few elements that set it apart. But America is not known for providing an easy......

When setting up in the UAE, entrepreneurs are usually faced with two options. Some choose to set up in one of the nation’s free zones, meanwhile others opt to set up an onshore business – usually to trade with the local UAE market, something which......

Residency and Citizenship-by-Investment Programmes (RIP & CIP) are being offered by an increasing number of countries today. These include the USA, Canada, the UK, Austria, Portugal, Spain, Malta, Cyprus and others. These programmes have been attracting bad publicity over the past few years. Criticism centers......

There have been many positive developments and news items concerning Cyprus recently, so I have summarised them below: 1.      The redesigned Citizenship-by-Investment Program The Cabinet in Cyprus decided on the 13th of September on a redesign of the Citizenship-by-Investment Programme. The new CIP abolishes the collective......

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