Additional approvals
Certain industries require additional approval processes. For sectors such as food and beverages, healthcare, aviation, education, communication, transportation, and insurance, you’ll need to obtain extra No-Objection Certificates (NOCs) and supporting documents. Some activities also mandate approvals from external authorities—please refer to the list below, which details the relevant ministry or agency to contact for each […]
Restrictions on Foreign Ownership
Discover which business activities are not eligible for 100% foreign ownership. Although Dubai companies with full foreign ownership can engage in most activities, certain categories are restricted from this privilege. Before initiating the business setup process, please review the list of these restricted activities below and plan accordingly. If you intend to establish a company […]
Mainland or Free Zone, How to choose?
Launching a business in Dubai When launching a business in Dubai, your initial key choice is selecting its location: either in one of Dubai’s numerous free zones or in the “mainland” area. Making a well-informed decision about the company’s jurisdiction is crucial, along with grasping the meanings of “mainland” and “free zone.” Freezone are generally […]
Abu Dhabi DED
Abu Dhabi DED Shapes Emirate’s Economic Future March 13, 2025 – The Abu Dhabi Department of Economic Development (DED), often branded as ADDED, stands as the linchpin of the emirate’s economic strategy. Tasked with steering Abu Dhabi toward a diversified, knowledge-driven future, Abu Dhabi DED regulates the business landscape and fuels growth beyond oil, positioning […]
Ajman DED Targets 7% Growth Surge as 2025 Unfolds
Ajman DED’s 2025 Playbook: The Ajman Department of Economic Development (Ajman DED) logged 6.5% growth in 2024, eyeing 7% in 2025 with a $10 billion GDP in sight. Trade, tourism, and SMEs fuel the rise, cutting construction’s share below 30%. Free zones and digital licensing keep Ajman DED ahead, though trade risks linger.
Dubai DED Pushes 8% Non-Oil Growth as 2025 Looms
Dubai DED drives 8% non-oil growth in 2024, targeting 2025 with trade and tech. See the shift.
Abu Dhabi DED Fuels 6.6% Non-Oil Growth as 2025 Nears
Abu Dhabi DED drives 6.6% non-oil growth in 2024, eyeing 2025 with manufacturing and tech. Explore the shift.
Abu Dhabi ADDED: Driving Growth in 2025
In 2023, ADDED’s efforts led to a remarkable 9.1% growth in non-oil GDP, contributing to a total GDP of USD 300 billion. This momentum continued into 2024, with non-oil sectors growing by 6.6% in the third quarter, accounting for 54% of the economy.
VAT Refund for Tourists in the UAE: A Comprehensive Guide
The UAE’s VAT refund system allows tourists to reclaim VAT on eligible purchases, enhancing their shopping experience. Leading companies like Mach X Business Services ensure a seamless and efficient refund process, making the UAE a top destination for global shoppers.
Mashreq Bank: Banking Leadership in the UAE with Innovative Financial Services
Mashreq Bank is considered one of the oldest and most prominent banking institutions in the UAE, offering comprehensive banking services that cater to the needs of both individuals and businesses. The bank stands out by providing innovative financial solutions aimed at enhancing the customer experience and achieving the highest levels of satisfaction, reflecting its commitment to innovation and excellence in the banking market.
