One of the UAE most prominent businessmen is leading calls for regulations across the Gulf Arab region to smooth the transfer of ownership of family businesses after the death of the founder.
Family businesses generate more than 8
Foreign direct investment based on innovation and technology transfer to achieve sustainable development will be the focus of a meeting to be held in Dubai in March.
The fifth edition of the Annual Investment Meeting (AIM),
Bahrain Bourse (BHB) has signed a memorandum of understanding (MoU) with Dubai Financial Market (DFM) to introduce an electronic system for swift transfer of shares.
This represents a significant advance in the method of share tra
The Western Union Company, a leading money transfer firm, has launched its automated self-service kiosks in the UAE, that will allow customers to pay bills and send money via easy-to-use touch screen terminals on a 24x7 basis.
Bahrain Financing Company (BFC) has opened a branch in East Riffa, which expands the money transfer and foreign exchange group's retail network to 39 locations.
Located close to the International Medical City Hospital on Bayna
Strategic Marine, a specialist shipbuilder for the oil and gas sector, has unveiled its Generation 3 crew transfer vessel for the international offshore markets.
The Strategic Marine Gen 3 40-metre boat is the latest model produce
Corporate law firm Al Ruwayeh & Partners (ASAR) has closed local share transfer formalities as legal adviser for Harsco's joint venture Bahraini company involved in the infrastructure industry.
Last year, Harsco Corporation and
Dubai Investments Park, the largest integrated commercial, industrial and residential community in the Middle East, said the number of transactions for transfer and sub-leasing within the development have surged by more than 50 per cent in the
The central bank of the UAE has conditionally lifted a ban on transfers between banks of personal loans to local citizens, after the country's association of banks lobbied for the ban to be relaxed.