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Navigating Business Success: Iqama Services, Tailor-Made Agreements and Corporate Service Providers in Dubai and DIFC
Dubai, a vibrant metropolis known for its strategic location, robust economic infrastructure, and business-friendly environment, continues to attract entrepreneurs and businesses from around the globe. Essential to establishing and running a successful business in Dubai are several key services, including Iqama services in UAE, drafting tailor-made agreements in Dubai, and leveraging the expertise of a Corporate Service Provider in DIFC (Dubai International Financial Centre). This blog will explore these critical aspects, providing insights and guidance for business owners looking to thrive in Dubai’s competitive market.
Understanding Iqama Services in UAE
Iqama, or residence permit services, are crucial for expatriates wishing to live and work in the UAE. An Iqama provides legal residency status and is a prerequisite for various activities such as opening bank accounts, signing lease agreements, and obtaining driving licenses. Here’s a closer look at Iqama services in UAE:
1. Application Process: The process of obtaining an Iqama involves several steps, including securing an entry permit, undergoing medical tests, and completing Emirates ID registration. Corporate service providers often handle this process, ensuring compliance with immigration laws and expediting approvals.
2. Types of Iqama: There are different types of Iqama based on the purpose of stay, including employment, investment, and family residency. Each type has specific requirements and benefits, and selecting the right one is crucial for your long-term plans in the UAE.
3. Renewal and Cancellation: Iqama services also include the renewal and cancellation of residence permits. Timely renewal is essential to avoid penalties and ensure uninterrupted legal status. Cancellation procedures must be followed correctly when leaving the UAE or transferring to another employer.
4. Dependents’ Visas: If you plan to bring your family to the UAE, Iqama services can assist in obtaining residence permits for dependents, ensuring they can live and access services legally.
By utilizing professional Iqama services, businesses and individuals can navigate the complexities of UAE immigration law with ease, allowing them to focus on their professional and personal endeavors.
Drafting Tailor-Made Agreements in Dubai
Contracts and agreements are the backbone of any business operation. In Dubai, where the business environment is dynamic and diverse, drafting tailor-made agreements is essential to protect your interests and ensure smooth operations. Here’s why bespoke agreements are critical:
1. Legal Compliance: Dubai’s legal framework is unique, blending elements of civil law, Islamic law, and international best practices. Tailor-made agreements ensure compliance with local laws and regulations, minimizing the risk of legal disputes.
2. Clarity and Precision: Generic contracts often fail to address the specific needs and nuances of your business. Custom agreements provide clarity and precision, detailing the obligations, rights, and expectations of all parties involved.
3. Risk Mitigation: Carefully drafted agreements help mitigate risks by including provisions for dispute resolution, indemnity clauses, and terms for termination. This foresight can prevent costly legal battles and protect your business assets.
4. Flexibility and Adaptability: Tailor-made agreements can be adapted to changing business conditions and evolving relationships. Whether it’s a partnership agreement, employment contract, or supplier arrangement, custom contracts provide the flexibility needed to accommodate growth and change.
5. Professional Expertise: Engaging legal experts or corporate service providers to draft your agreements ensures that all aspects are professionally handled. Their expertise in Dubai’s legal landscape ensures your agreements are robust and enforceable.
Leveraging a Corporate Service Provider in DIFC
The Dubai International Financial Centre (DIFC) is a leading financial hub in the Middle East, Africa, and South Asia. Establishing a business in DIFC offers numerous advantages, including a strong regulatory framework, tax benefits, and access to a global network. A Corporate Service Provider in DIFC can be instrumental in navigating the complexities of setting up and operating within this jurisdiction:
1. Company Formation: Corporate service providers assist in selecting the appropriate legal structure, obtaining necessary licenses, and completing registration procedures. Their expertise ensures compliance with DIFC regulations, streamlining the setup process.
2. Regulatory Compliance: DIFC operates under a common law framework, distinct from the rest of Dubai and the UAE. Corporate service providers ensure that your business complies with all regulatory requirements, including reporting, governance, and financial disclosures.
3. Administrative Support: From handling PRO (Public Relations Officer) services to managing visas and residence permits, corporate service providers offer comprehensive administrative support, allowing businesses to focus on their core activities.
4. Office Solutions: Finding the right office space in DIFC can be challenging. Service providers offer solutions ranging from serviced offices to flexible co-working spaces, tailored to meet the specific needs of your business.
5. Strategic Advice: Beyond the operational aspects, corporate service providers offer strategic advice on market entry, business development, and networking opportunities. Their insights and connections can be invaluable in establishing a successful presence in DIFC.
6. Ongoing Compliance and Governance: Maintaining compliance with DIFC’s robust regulatory framework is crucial for long-term success. Corporate service providers offer ongoing support in areas such as corporate governance, financial reporting, and legal compliance, ensuring your business remains in good standing.
Conclusion
Dubai’s dynamic business environment, supported by robust infrastructure and favorable economic policies, offers vast opportunities for entrepreneurs and businesses. Key to capitalizing on these opportunities are essential services such as Iqama services in UAE, drafting tailor-made agreements in Dubai, and leveraging the expertise of a Corporate Service Provider in DIFC. These elements not only facilitate smooth business operations but also provide a solid foundation for growth and success in one of the world’s most competitive markets.
By understanding and utilizing these critical services, businesses can navigate the complexities of the UAE market with confidence, ensuring they are well-positioned to thrive in the vibrant economic landscape of Dubai and beyond.
Source: https://idarahcorporateuae.wordpress.com/2024/05/24/navigating-business-success-iqama-services-tailor-made-agreements-and-corporate-service-providers-in-dubai-and-difc/
#Best corporate service providers in dubai#corporate service providers in dubai and difc#difc companies#difc corporate tax#List of corporate service providers in difc#Top corporate service providers in difc#Top corporate service providers in dubai
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The Role of Top Advocates and Legal Consultants in Dubai
Dubai’s thriving business environment and diverse population create a demand for top-tier legal services. Top advocates and legal consultants in Dubai play a pivotal role in offering expert legal guidance across various fields, including corporate law, real estate, family law, and dispute resolution. Their expertise ensures that individuals, businesses, and investors comply with UAE regulations and navigate legal complexities effectively.
Expertise Across Multiple Sectors
Top advocates in Dubai are highly skilled in handling litigation and dispute resolution. Whether representing clients in civil, criminal, or commercial matters, they provide strong courtroom advocacy. These advocates represent clients in local courts, such as the Dubai Courts, and in specialized forums like the DIFC Courts, known for handling financial and international disputes.
In contrast, legal consultants focus on offering strategic advice to prevent legal issues before they arise. They assist clients with drafting contracts, structuring business deals, conducting due diligence, and ensuring compliance with relevant laws. Their advisory role is essential for businesses looking to establish a presence in Dubai or expand their operations in the UAE.
Personalized Legal Services
Top advocates and legal consultants are known for providing personalized services tailored to their clients' needs. They cater to individuals seeking advice on family law matters, such as divorce, custody, or inheritance, as well as multinational corporations dealing with mergers, acquisitions, and regulatory compliance. With the ability to communicate in multiple languages and understand various legal systems, these professionals offer solutions that are effective across jurisdictions.
Alternative Dispute Resolution and Mediation
Aside from traditional courtroom advocacy, many top advocates and legal consultants in Dubai specialize in alternative dispute resolution methods, such as arbitration and mediation. These processes are often preferred in commercial disputes, as they save time and costs compared to lengthy court proceedings. Dubai’s position as a global arbitration hub, with institutions like the Dubai International Arbitration Centre (DIAC), makes this expertise invaluable.
Ensuring Legal Compliance and Risk Mitigation
For businesses, engaging top legal consultants is critical for regulatory compliance. Consultants provide ongoing support to ensure that companies operate within the legal framework, especially in sectors with specific regulations, such as real estate, healthcare, and banking. They help mitigate risks by identifying potential legal challenges early and offering strategies to address them proactively.
Conclusion
Top advocates and legal consultants in Dubai play an essential role in safeguarding the interests of their clients. Whether through robust representation in court or strategic legal advice, their expertise helps individuals and businesses achieve their objectives while staying compliant with UAE laws. With Dubai’s continuous legal reforms and the evolving needs of a globalized economy, these professionals are indispensable partners in navigating legal challenges efficiently. Their ability to combine legal expertise with cultural sensitivity and personalized service ensures clients receive the best possible outcomes, whether in business, personal matters, or dispute resolution.
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Law Firms Dubai: Why Choosing the Right Law Firm Matters
When it comes to legal issues in Dubai, choosing the right law firm is essential. Law firms Dubai play a crucial role in representing individuals, businesses, and organizations in various legal matters. Whether it's about corporate law, real estate disputes, labor issues, or family law, finding the right law firms Dubai can make all the difference. At Emirates Advocates, we understand the importance of selecting the right legal partner and are here to guide you through the process.
Understanding the Legal Landscape in Dubai
Dubai is home to a dynamic and ever-evolving legal system that blends civil law with elements of Sharia law. With its status as a global business hub, the legal framework in Dubai is designed to address the complex needs of businesses, individuals, and expatriates. Law firms Dubai are specialized in navigating these legal intricacies, ensuring that their clients receive the best legal advice and representation.
The legal system in Dubai is divided into two main parts: the UAE Federal Courts and the Dubai Courts. While Federal Courts handle issues like civil, criminal, and commercial disputes across the UAE, Dubai Courts have jurisdiction over local matters. Many law firms in Dubai also deal with matters relating to the Dubai International Financial Centre (DIFC) courts, which handle international commercial disputes. Choosing the right law firm means selecting a partner who understands which court is best suited for your legal needs.
What Services Do Law Firms in Dubai Offer?
Law firms in Dubai offer a wide range of legal services tailored to meet the unique needs of clients. Some of the common areas of legal expertise include:
Corporate and Commercial Law: Assisting businesses with company formation, contracts, mergers, and acquisitions.
Real Estate and Property Law: Helping clients navigate property transactions, tenancy disputes, and construction agreements.
Family Law: Addressing sensitive matters such as divorce, child custody, and inheritance.
Labor and Employment Law: Representing both employers and employees in disputes related to labor contracts and employment rights.
Criminal Law: Providing legal defense and prosecution services in criminal cases.
At Emirates Advocates, we pride ourselves on delivering top-notch services across all these areas. Our team of experienced lawyers ensures that our clients receive tailored solutions to meet their specific legal challenges.
How to Choose the Right Law Firm in Dubai?
With so many law firms Dubai to choose from, finding the right one can be overwhelming. Here are some key factors to consider when selecting a law firm:
1. Expertise in the Relevant Area of Law
It’s essential to choose a law firm that specializes in the area of law relevant to your case. For example, if you are dealing with a corporate legal issue, it is vital to select a law firm with significant experience in corporate and commercial law. Emirates Advocates has a team of specialized lawyers who are well-versed in various fields of law, ensuring that you get the right expertise.
2. Reputation and Track Record
A law firm’s reputation is one of the most important factors to consider. Look for a firm that has a strong track record of success in handling cases similar to yours. At Emirates Advocates, we take pride in our positive track record, with numerous successful cases in corporate, real estate, and criminal law.
3. Client Communication and Transparency
Clear communication is essential in any legal matter. A reliable law firm should keep you updated throughout your case and explain the legal process in simple terms. Emirates Advocates is committed to transparency and ensures that our clients are informed at every step of the legal process.
4. Local Knowledge and Understanding of UAE Law
Law firms in Dubai must have an in-depth understanding of UAE law and its applications. A strong local presence and knowledge of Dubai's legal landscape are critical. Emirates Advocates is based in Dubai and has a team of lawyers with comprehensive knowledge of local laws, ensuring that our clients receive the best possible legal representation.
5. Cost-Effectiveness
Legal services can be expensive, so it is important to find a law firm that offers transparent pricing. At Emirates Advocates, we offer competitive rates and ensure that our clients understand the cost structure from the outset. We provide high-quality legal services without hidden fees, making us a trusted partner for legal solutions.
The Importance of Choosing a Reputable Law Firm in Dubai
Legal issues can have far-reaching consequences for individuals and businesses. Working with a reputable law firm ensures that your legal matters are handled professionally and effectively. Whether you are starting a business, facing a legal dispute, or need advice on a sensitive family matter, a reliable law firm will provide the guidance and support you need.
Law firms Dubai are crucial in ensuring that clients receive fair and just outcomes in their legal cases. At Emirates Advocates, our goal is to provide our clients with peace of mind by offering top-tier legal representation and solutions tailored to their specific needs. We take the time to understand our clients’ challenges and work diligently to achieve the best possible outcomes.
Conclusion
Choosing the right law firms Dubai can make a significant difference in the outcome of your case. At Emirates Advocates, we combine our local expertise with international experience to offer unparalleled legal services. Whether you are dealing with a business dispute, criminal charges, or personal legal matters, our team is here to guide you every step of the way. Contact us today to schedule a consultation and discover how we can assist you with your legal needs.
By working with Emirates Advocates, you are not just hiring a law firm – you are gaining a trusted legal partner committed to your success.
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Top Free Zones in Dubai for Business Setup in 2024: A Comprehensive Guide
Dubai’s free zones are among the most attractive destinations for businesses looking to enter the UAE market. With benefits such as 100% foreign ownership, zero taxes, and full profit repatriation, free zones have become a hub for entrepreneurs and investors. Choosing the right free zone is crucial to the success of your business, and with over 30 free zones across the emirate, it can be challenging to select the best one for your industry and needs.
In this guide, we will explore the top free zones in Dubai for business setup in 2024, providing insights into their unique advantages, the industries they cater to, and how you can benefit from setting up your company in these thriving areas.
What Are Dubai Free Zones?
Dubai’s free zones are special economic areas that allow businesses to operate with a variety of incentives designed to attract foreign investment. These zones offer specialised infrastructure, streamlined regulations, and a business-friendly environment. They also allow foreign investors to retain 100% ownership of their companies, unlike mainland companies that often require a local partner.
Free zones in Dubai cater to a wide range of industries, including:
Technology
Logistics
Healthcare
Media and Communications
E-commerce
Manufacturing
Top Free Zones in Dubai for Business Setup in 2024
Here is a look at some of the top free zones in Dubai and what makes them ideal for business formation in 2024.
1. Dubai Multi Commodities Centre (DMCC)
Voted the "Global Free Zone of the Year" multiple times, DMCC is one of the most popular and dynamic free zones in Dubai. It caters to a variety of industries, with a strong focus on commodities trading, technology, and finance.
Location: Jumeirah Lakes Towers (JLT)
Key Industries: Commodities trading, fintech, diamonds, precious metals, energy
Benefits: Flexible office space options, including flexi-desks100% foreign ownership, full capital repatriation, no import or export duties, no personal or corporate taxes
With its strategic location in the heart of Dubai, DMCC is an excellent choice for businesses involved in international trade.
2. Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis is a fully integrated technology park that supports companies in the tech, IT, and electronics sectors. It offers state-of-the-art infrastructure designed for innovation and entrepreneurship.
Location: Near Academic City
Key Industries: Technology, software development, IT, e-commerce
Benefits: High-tech ecosystem with R&D labs, data centres, and incubation centres100% foreign ownership, zero income and low corporate taxes, full repatriation of profits, access to venture capital and business accelerators
DSO is ideal for tech start-ups, established technology companies, and businesses looking to scale in Dubai’s rapidly evolving tech landscape.
3. Dubai International Financial Centre (DIFC)
DIFC is one of the leading financial hubs in the Middle East, Africa, and South Asia. It offers a globally recognised legal framework based on English common law, making it a top choice for companies in the financial services and legal sectors.
Location: Downtown Dubai
Key Industries: Finance, banking, insurance, fintech, legal services
Benefits: A world-class regulatory environment100% foreign ownership, no restrictions on capital repatriation, access to major financial markets, robust legal system with independent courts
For companies in the financial and legal sectors, DIFC provides a highly professional and internationally recognised business environment.
4. Jebel Ali Free Zone (JAFZA)
JAFZA is one of the largest and oldest free zones in Dubai, located next to the Jebel Ali Port, one of the busiest ports in the world. It is particularly well-suited for logistics, manufacturing, and trade businesses.
Location: Jebel Ali, adjacent to the port
Key Industries: Logistics, manufacturing, trading, industrial services
Benefits: Proximity to the world’s 10th largest container port, access to a range of warehousing and industrial facilities, zero customs duties for goods entering or leaving the zone100% foreign ownership and full capital repatriation, a wide range of available office and warehouse space
With its strategic position at the gateway to the Middle East, Africa, and South Asia, JAFZA is a prime destination for logistics and manufacturing companies.
5. Dubai Healthcare City (DHCC)
Dubai Healthcare City is a specialised free zone dedicated to healthcare services and life sciences. It is home to hospitals, clinics, medical research centres, and pharmaceutical companies, making it the go-to destination for healthcare businesses.
Location: Al Jaddaf, Dubai Creek
Key Industries: Healthcare, pharmaceuticals, medical tourism, wellness
Benefits:100% foreign ownership, state-of-the-art healthcare facilities and infrastructure, no corporate or income taxes, strategic location near major hospitals and healthcare providers, full capital and profit repatriation
If you are looking to enter the healthcare sector or expand your business in medical tourism, DHCC provides the ideal platform.
6. Dubai Internet City (DIC)
Dubai Internet City is the largest information and communication technology hub in the Middle East. It is home to global tech giants like Google, Microsoft, and Dell, making it an ideal location for IT, software development, and digital media companies.
Location: Al Sufouh, near Dubai Marina
Key Industries: IT, software, digital media, telecommunications
Benefits:100% foreign ownership, zero personal and corporate income taxes, full profit repatriation, state-of-the-art digital infrastructure, access to a highly skilled workforce
DIC is the perfect place for businesses in the tech and digital media sectors to thrive and collaborate with industry leaders.
7. Dubai South Free Zone
Located near Al Maktoum International Airport, Dubai South Free Zone is a rapidly growing economic hub, designed to cater to aviation, logistics, e-commerce, and transportation companies. It is also home to the Expo 2020 site, which continues to drive significant business activity in the area.
Location: Dubai South, near Al Maktoum Airport
Key Industries: Aviation, logistics, e-commerce, transportation
Benefits: Direct access to air and sea transport routes, 100% foreign ownership and full capital repatriation, no import or export duties, competitive leasing options for warehouses and offices, access to a growing business community and key infrastructure projects
Dubai South Free Zone is an excellent choice for companies looking to benefit from Dubai’s growing aviation and logistics sectors.
How to Choose the Right Free Zone for Your Business
Choosing the right free zone depends on several factors:
Industry: Some free zones cater to specific industries, such as finance, healthcare, or technology, so selecting one aligned with your business is essential.
Location: Consider proximity to key transport hubs, like ports and airports, if your business relies on trade or logistics.
Costs: Office space, licensing fees, and visa quotas can vary between free zones, so it is important to assess your budget and growth plans.
Business Activity: Make sure the free zone allows the specific business activity you plan to undertake.
Dubai’s free zones provide numerous opportunities for businesses to grow and thrive in a competitive and dynamic environment. By choosing the right free zone based on your industry and business needs, you can enjoy the benefits of 100% foreign ownership, zero taxes, and a strategic location that connects you to global markets.
For personalised guidance on which free zone is right for your business in 2024, contact Gulf Formations (+971555979220) today, and we will help you set up your company with ease.
#company formation#company formation consultants in dubai#company formation in dubai#company formation services#company formation uae#dubai#dubaicompany#dubaibankaccount#dubaibusiness#dubaisetup
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DIFC: A Leading Global Hub for Financial Services Firms
The Dubai International Financial Centre (DIFC) was established in 2004 and has rapidly grown to become one of the world’s leading global hubs. As of 2023, DIFF houses over 3,200 active registered companies and more than 27,000 working professionals, depicting its role in the international financial landscape. DIFC attracts top-tier financial services firms from across the world. Let’s explore how the business setup in Dubai DIFC can prove to be appealing for financial firms.
Strategic Location
The DIFC is positioned strategically, and the corporate services in DIFC can benefit from that. The global hub is situated between the major financial markets of London, Hong Kong, and New York. It provides a unique time zone that bridges the gap between the East and the West. The strategic position allows for seamless global financial trading round-the-clock, making it an attractive location for business setup in Dubai. Businesses with international operations can benefit from this and unlock limitless potential.
Commitment to Innovation
Since its inception in 2004, the Dubai International Financial Centre (DIFC) has shown its commitment to innovation, positioning itself as a forward-thinking leader within the global financial sector. DIFC has also established initiatives such as FinTech Hive, the first and largest financial technology accelerator in the Middle East. This initiative helps support the DIFC company set up, fostering an innovative environment and platform for collaboration between fintech startups, leading financial institutions, and service providers.
Moreover, DIFC continues to invest in future-focused projects and infrastructure upgrades that enhance digital finance, regulatory processes, and cybersecurity, setting new benchmarks in financial innovation. If you want to operate and make wise decisions, you can contact MS.
MS is a leading and award-winning accounting firm that provides financial services and strengthens the growth of the firm.
Diverse Financial Ecosystem
DIFC is home to a diverse range of financial services, including banking, asset management, wealth management, insurance, and fintech. The presence of such a wide array of financial services helps create an environment where firms can collaborate and innovate. Businesses looking to expand can reach out to leading accounting firms MS and contact MS professionals for guidance on the financial systems.
World-Class Infrastructure
DIFC company set up offers state-of-the-art and world-class infrastructure, which is ideal for high-calibre financial firms. The centre provides access to cutting-edge office spaces, luxury retail outlets, hotels, and art galleries, which provides a favourable environment for businesses and employees alike. The infrastructure contributes towards making DIFC a vibrant community where professionals can thrive.
A Gateway to Emerging Markets
DIFC acts as a gateway to emerging markets in the Middle East, Africa, and South Asia (MEASA). These regions present significant growth opportunities for financial services, and DIFC offers a perfect opportunity to tap into these high-growth markets. The centre is committed to promoting direct investment and bridges links with these markets. Therefore, making it a strategic hub for firms looking to expand their global footprint and operate corporate services in Dubai. The strategic location, robust business network, and attractive business environment position DIFC as a prime choice for financial firms. Whether you’re looking to establish or expand your presence on an international stage, choose DIFC for your operations. Contact MS professionals and make wise financial decisions along the way.
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The Top 50 Venues to Plan a Gala Dinner in Dubai
Discover the top 50 venues to plan a gala dinner in Dubai. Learn about the best places for an unforgettable evening, from luxurious hotels to unique spaces.
Introduction
Dubai is renowned for its opulence and grandeur, making it the perfect city to host a gala dinner. Whether it's a corporate event, a charity gala, or a social gathering, finding the right venue is crucial for a successful event. This guide highlights the top 50 venues to plan a gala dinner in Dubai, showcasing how the best event management companies in Dubai can help you create an unforgettable experience. What is Gala Dinner?
Gala Dinner Meaning:
A gala dinner is a formal event often held to celebrate, raise funds, or honor achievements. It usually involves a multi-course meal, entertainment, and speeches. Gala Dinner Dress Code:
The dress code for a gala dinner is typically formal, with men wearing tuxedos or suits and women wearing evening gowns or cocktail dresses.
Dubai Airshow Gala Dinner:
The Dubai Airshow gala dinner is a prestigious event held during the Dubai Airshow week, featuring high-profile attendees from the aviation industry, entertainment, and a formal dinner.
Top 50 Venues for a Gala Dinner in Dubai
1. Burj Al Arab
Known for its luxury, the Burj Al Arab offers stunning venues for the best gala dinner in Dubai. The Al Falak Ballroom, with its majestic design, is perfect for any grand event.
2. Atlantis, The Palm
This iconic hotel offers multiple venues, including the Atlantis Ballroom and the Asateer Tent, ideal for a lavish gala dinner.
3. Armani Hotel Dubai
Located in the Burj Khalifa, the Armani Hotel provides elegant settings like the Armani Ballroom, perfect for a sophisticated gala.
4. Jumeirah Beach Hotel
Offering breathtaking views of the Burj Al Arab, Jumeirah Beach Hotel’s venues are perfect for a memorable gala dinner.
5. The Ritz-Carlton, DIFC
With its luxurious ballrooms and impeccable service, The Ritz-Carlton is a top choice for hosting a gala dinner in Dubai.
6. The Address Downtown
Located in the heart of Downtown Dubai, this hotel offers stunning venues and panoramic views, ideal for a high-profile gala.
7. One&Only Royal Mirage
The Royal Ballroom at One&Only Royal Mirage provides an elegant setting with a touch of Arabian charm.
8. The Westin Dubai Mina Seyahi
This beachfront hotel offers beautiful indoor and outdoor venues, perfect for a stylish gala dinner.
9. Madinat Jumeirah
With its traditional Arabian architecture, Madinat Jumeirah offers unique and luxurious venues for any gala event.
10. Raffles Dubai
Raffles Dubai offers several opulent ballrooms, making it a top venue for hosting grand gala dinners.
11. Grand Hyatt Dubai
This hotel offers various versatile venues, including the Baniyas Grand Ballroom, perfect for large-scale gala dinners.
12. Park Hyatt Dubai
With its stunning waterfront location, Park Hyatt Dubai offers luxurious venues for an unforgettable gala.
13. JW Marriott Marquis Dubai
The world’s tallest hotel offers numerous grand venues, including the impressive Dubai Ballroom.
14. Waldorf Astoria Dubai Palm Jumeirah
This hotel offers a range of elegant venues, including the Grand Ballroom with stunning views of the Arabian Gulf.
15. Sofitel Dubai The Palm
This Polynesian-themed resort offers beautiful venues for hosting a unique and memorable gala dinner.
16. The Oberoi, Dubai
Known for its sophisticated ambiance, The Oberoi offers luxurious venues perfect for any grand event.
17. Palazzo Versace Dubai
This hotel offers opulent venues designed with the Versace touch, perfect for a glamorous gala dinner.
18. Bulgari Resort Dubai
With its stunning views and luxurious settings, Bulgari Resort is ideal for hosting an exclusive gala dinner.
19. Four Seasons Resort Dubai at Jumeirah Beach
Offering elegant ballrooms and beachfront venues, Four Seasons Resort is perfect for a high-end gala dinner.
20. Address Boulevard
This sophisticated hotel offers elegant venues like the Symphony Ballroom, ideal for a chic gala event.
21. InterContinental Dubai Festival City
With stunning venues like the Al Badia Golf Club, this hotel is a top choice for a memorable gala dinner.
22. Mandarin Oriental Jumeirah, Dubai
This hotel offers luxurious venues with a contemporary design, perfect for a modern gala dinner.
23. Dubai Opera
For a truly unique and grand setting, Dubai Opera offers a stunning venue for a gala dinner.
24. The Meydan Hotel
With its unique location overlooking the racecourse, The Meydan Hotel offers a dramatic setting for any gala event.
25. Kempinski Hotel Mall of the Emirates
This hotel offers elegant venues with a touch of Alpine luxury, perfect for a stylish gala dinner.
26. The H Dubai
Offering versatile and luxurious venues, The H Dubai is a top choice for hosting grand gala dinners.
27. Sheraton Grand Hotel, Dubai
With its modern and luxurious ballrooms, Sheraton Grand Hotel is ideal for a high-profile gala dinner.
28. Fairmont the Palm
This beachfront hotel offers beautiful venues for a memorable and elegant gala dinner.
29. Taj Dubai
Offering stunning views of the Burj Khalifa, Taj Dubai provides luxurious venues for any grand event.
30. Conrad Dubai
With its modern and sophisticated venues, Conrad Dubai is perfect for hosting a chic gala dinner.
31. Hyatt Regency Dubai
This hotel offers elegant venues with a classic design, ideal for a traditional gala dinner.
32. Al Qasr at Madinat Jumeirah
This hotel offers opulent venues with an Arabian touch, perfect for a luxurious gala dinner.
33. The St. Regis Dubai
Offering elegant ballrooms and impeccable service, The St. Regis is a top choice for a grand gala event.
34. Marriott Hotel Al Jaddaf
With its versatile venues and modern design, Marriott Hotel Al Jaddaf is ideal for a stylish gala dinner.
35. Radisson Blu Hotel, Dubai Waterfront
This hotel offers stunning views and luxurious venues, perfect for a memorable gala dinner.
36. The Palace Downtown
With its elegant and traditional design, The Palace Downtown offers beautiful venues for a sophisticated gala dinner.
37. W Dubai – The Palm
This contemporary hotel offers unique and stylish venues, perfect for a modern gala dinner.
38. Vida Downtown
Offering chic and modern venues, Vida Downtown is ideal for a trendy gala dinner.
39. Anantara The Palm Dubai Resort
With its stunning beachfront location, this resort offers beautiful venues for an unforgettable gala dinner.
40. Dukes The Palm, a Royal Hideaway Hotel
This hotel offers elegant venues with a touch of British charm, perfect for a stylish gala dinner.
41. Nikki Beach Resort & Spa Dubai
Offering a unique beachfront setting, Nikki Beach is perfect for a relaxed yet elegant gala dinner.
42. Movenpick Hotel Jumeirah Beach
This hotel offers versatile and modern venues, ideal for a sophisticated gala dinner.
43. Hilton Dubai Jumeirah
With its beautiful beachfront location, Hilton Dubai Jumeirah offers stunning venues for a memorable gala dinner.
44. Rosewood Abu Dhabi
Offering luxurious and modern venues, Rosewood Abu Dhabi is perfect for a grand gala event.
45. Jumeirah Emirates Towers
With its iconic design and luxurious venues, Jumeirah Emirates Towers is ideal for a high-profile gala dinner.
46. Le Meridien Dubai Hotel & Conference Centre
This hotel offers versatile venues and exceptional service, perfect for a memorable gala dinner.
47. Address Dubai Marina
Offering stunning views of the marina, this hotel provides luxurious venues for an elegant gala dinner.
48. Crowne Plaza Dubai
With its modern and sophisticated venues, Crowne Plaza Dubai is ideal for a stylish gala dinner.
49. Jumeirah Zabeel Saray
This hotel offers opulent venues with a touch of Ottoman luxury, perfect for a grand gala dinner.
50. Waldorf Astoria Dubai International Financial Centre
With its luxurious and elegant venues, Waldorf Astoria DIFC is ideal for a sophisticated gala dinner.
How Pure Magic Events Can Help
Comprehensive Event Planning
From initial concept to execution and post-event analysis, Pure Magic Events handles every detail of your event. As one of the best event management companies in Dubai, we ensure your event is a success.
Creative Design and Decor
Our creative team designs stunning decor that aligns with your theme and goals, making your event visually appealing and memorable.
Vendor Coordination
We have strong relationships with top vendors, ensuring you get the best services at competitive rates. From catering to entertainment, we manage it all.
On-Site Management
Our experienced team provides on-site management to oversee every aspect of your event, ensuring everything runs smoothly.
Post-Event Analysis
We provide detailed post-event analysis to measure success and gather feedback, helping us continually improve our services.
FAQs
Why should I choose Dubai for a gala dinner?
Dubai offers luxurious venues, world-class amenities, and a stunning backdrop, making it an ideal place for any grand celebration.
What types of events can be hosted in these venues?
These venues are perfect for hosting gala dinners, corporate events, hybrid events, and various social celebrations.
How can Pure Magic Events assist in planning my gala dinner?
Pure Magic Events offers comprehensive planning, creative design, vendor coordination, on-site management, and post-event analysis to ensure your event is flawless.
What are some popular venues in Dubai for a gala dinner?
Popular venues include Burj Al Arab, Atlantis, The Palm, Armani Hotel Dubai, Jumeirah Beach Hotel, and The Ritz-Carlton, DIFC.
Why is Pure Magic Events considered one of the best event management companies in Dubai?
We offer comprehensive services, creative solutions, strong vendor relationships, and a commitment to excellence, making us a top choice for event management in Dubai.
Can Dubai venues accommodate hybrid events?
Yes, many venues in Dubai are well-equipped to host hybrid events, combining physical and virtual elements to engage a broader audience.
Conclusion
Planning a gala dinner in Dubai ensures a luxurious and unforgettable experience. Partnering with Pure Magic Events, one of the top event management companies in Dubai, guarantees that every detail is meticulously handled. Whether you're planning a corporate event, a gala dinner, or any high-profile event, our expertise and dedication will bring your vision to life. Contact us today to start planning your next extraordinary event in Dubai.
For more information on our services and how we can help, visit our website.
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Key Factors to Evaluate When Selecting an Audit Firm in Dubai
Dubai, the shining star of the United Arab Emirates (UAE), has evolved into a global nexus for business. Over the past few years, Dubai has consistently drawn investors, entrepreneurs, and established corporations. With its forward-thinking leadership, top-tier infrastructure, and strategic geographical position, the Emirate is an ideal place for work and commerce.
The recent surge in businesses has led to the implementation of a corporate tax system, effective from June 2023. This new rule underscores the significance of solid financial practices and transparency. Consequently, the need to find the right audit firm in Dubai has become more critical.
MNV Associates, your reliable auditors in Dubai, deliver reassurance to shareholders, partners and creditors that the annual accounts are reliable. Our knowledge and acquaintance with simple to complex situations have helped many of our clients through the audit services in Dubai. We conduct audits for mid-tier firms.
Before we delve into the selection process, let’s understand why an audit firm is a vital resource for businesses in Dubai.
Why is an Audit Firm Crucial in Dubai? An audit firm or a company of certified auditors is instrumental in verifying the accuracy and fairness of your business’s financial statements. These accountants and auditors serve as independent overseers for your company. They meticulously scrutinize your financial records to detect any inconsistencies or non-adherence to accounting standards.
Here’s how an audit firm can be beneficial for your business in Dubai: Firstly, these audit firms pave the way for opportunities for your business. An audit report, prepared by a trusted and reputable audit firm in Dubai, instills confidence in investors, banks, and other stakeholders. This trust can be key in securing funding opportunities and cultivating valuable business partnerships.
Secondly, with the recent introduction of corporate tax, ensuring compliance with tax regulations is crucial. Competent audit firms have the expertise to navigate the intricacies of the new tax system. They assist you with tax savings while ensuring your business complies with all legal obligations.
Thirdly, a comprehensive audit can pinpoint weaknesses in your internal controls and financial processes. Reputable audit firms in Dubai promptly suggest corrective actions to mitigate potential financial risks while protecting your company’s assets.
Moreover, a proficient audit firm will provide you with valuable insights and recommendations. In this way, you can enhance your financial reporting practices. This not only improves the accuracy of your financial statements but also provides valuable data for informed business decisions.
Selecting the Ideal Audit Firm in Dubai With a multitude of audit firms operating in Dubai, choosing the right partner can be a challenging task. Here are three crucial factors to consider while making your decision.
Credibility and Portfolio of Audit Firm Search for well-established firms with a proven track record of delivering high-quality services to companies in your industry sector. Investigate their client base to understand their experience level in managing businesses of your size and complexity.
Solicit recommendations from trusted sources within your business network and industry peers. Confirm if the firm is registered with the relevant regulatory authorities in Dubai, such as the Ministry of Finance, Dubai Development Authority (DDA) or the Dubai International Financial Centre (DIFC).
Building Relationships & Effective Communication Before you collaborate with an audit firm in Dubai, it is important to evaluate their communication style and compatibility.
The first step is to shortlist potential firms. During this phase, schedule meetings with representatives from each firm. Pay close attention to their communication style. Here’s what to consider:
Clarity: Can they demystify complex financial concepts in clear, understandable language?
Responsiveness: Are they responsive to your questions and concerns? Do they answer them directly and comprehensively?
Professionalism: Do they exhibit a professional demeanor and present themselves confidently? Are they transparent about everything? Do they respect their partner’s privacy?
Beyond communication style, inquire about the firm’s approach to audits. Do they prioritize a collaborative process that involves open communication with the client?
Understanding their approach will help you determine if it aligns with your expectations for open dialogue and collaboration.
Dependence on Technology
In today’s digital era, a contemporary audit firm in Dubai should be technologically adept. Their accountants and auditors should know how to leverage technology to streamline the audit process and enhance efficiency.
The days of manual data analysis in spreadsheets are long gone. Modern audit firms employ specialized audit software and data analytics tools to streamline data collection, automate repetitive tasks, and perform complex calculations. These tools can significantly improve the efficiency and accuracy of the audit process.
AI holds immense potential for the future. AI-powered tools can automate routine tasks like data extraction and analysis, freeing up auditors’ time to focus on higher-level analysis and judgment.
Additionally, AI can be used to identify patterns and trends within your financial data, potentially leading to the early detection of fraud or other irregularities.
When choosing an audit firm in Dubai, it is important to inquire about the firm’s use of audit software, AI and data analytics tools.
By leveraging these technological advancements, a qualified audit firm in Dubai can deliver several benefits including increased efficiency, more accurate forecasts and help you in making sound decisions.
A Word of Advice These were the three core considerations before you partner with the right audit firm. But making the right decision goes beyond the core considerations. Delve deeper into the firm’s reputation by exploring online reviews and testimonials from previous clients.
These reviews can offer valuable insights into the firm’s work ethic, responsiveness, and overall client experience. Recognition from industry bodies or publications can also be indicative of a firm’s expertise and commitment to quality.
Inquire about the firm’s commitment to ongoing professional development for its staff. This ensures the team stays updated on the latest accounting standards and regulations, particularly those about Dubai’s corporate tax regime.
Building a long-term partnership with your chosen audit firm in Dubai extends far beyond just fulfilling a compliance requirement. A trusted audit firm can become a valuable advisor, providing proactive guidance on financial management, risk mitigation strategies, and best practices for navigating the complexities of Dubai’s business environment.
By carefully considering the factors outlined above and selecting the right audit firm in Dubai, you can ensure your company thrives in this dynamic and ever-evolving market.
Remember, a qualified audit firm is not just a compliance requirement; it’s a strategic partner that empowers your business to navigate challenges, seize opportunities, and achieve long-term success in Dubai.
We offer professional audit services in Dubai and throughout UAE. As one of the leading audit firms in Dubai, we assist clients in complying with all domestic and statutory audit regulations in the UAE. Having assisted businesses of all types and sizes with audit services in Dubai, there are few business scenarios we aren’t acquainted with.
For more details visit www.mnvassociates.com
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Which is the best country to start a business setup in 2024?
Dubai is the largest emirate in the United Arab Emirates (UAE) and a city rather than a nation. Nonetheless, given its standing as a major international commercial hub, Dubai is sometimes thought of as a desirable location for entrepreneurs wishing to launch a business. Dubai’s advantageous location at the intersection of three continents — Africa, Asia, and Europe — makes it a gateway for global trade. Due to its advantageous location, Dubai has become a hub for business travel and a Business setup in Dubai.
Dubai’s easy business establishment and friendly business environment are two of the main reasons it’s a desirable place to establish a business. The government of Dubai has put policies into place to expedite bureaucratic procedures, cut red tape, and create an environment that is conducive to business. The establishment of free zones, like the Jebel Ali Free Zone (JAFZA) and the Dubai International Financial Centre (DIFC), offers businesses special benefits such easier import-export procedures, tax advantages, and 100% foreign ownership. These programs facilitate the smooth establishment of businesses and draw in business owners from all over the world.
Another attractive aspect of Dubai for entrepreneurs is the tax climate. Businesses and individuals can operate in a tax-free environment in the United Arab Emirates (UAE), which includes Dubai, as there are no corporate or personal income taxes. Businesses trying to increase revenues and optimize their financial structures will find this tax advantage very alluring. Furthermore, the lack of Value Added Tax (VAT) on the majority of goods and services makes businesses operating in Dubai even more competitive.
One of Dubai’s main features has been the expansion of its infrastructure. With its cutting-edge facilities, sophisticated transit networks, and cutting-edge telecommunications, the city has top-notch infrastructure. One of the busiest airports in the world, Dubai International Airport makes it simple for companies involved in international trade to stay connected. Moreover, continuous expenditures on sustainable infrastructure and smart city technologies highlight Dubai’s.
Initiatives like the Dubai Innovation Strategy and the Dubai Future Foundation demonstrate how important innovation and technology are to Dubai. In industries like finance, artificial intelligence, and renewable energy, the city is establishing itself as a center for cutting-edge technology and drawing in both startup and well-established companies. An atmosphere that fosters the expansion of companies at the forefront of technical breakthroughs is created by the government’s progressive stance and encouragement of innovation.
Dubai’s multicultural atmosphere makes it appealing to companies looking to expand internationally. The multicultural business climate in the city is a result of the diversified population, which is made up of expatriates from many nations. In addition to creating a rich tapestry of ideas and viewpoints, diversity gives companies access to a large talent pool and makes it easier for them to hire qualified workers from a variety of backgrounds.
Dubai provides several benefits for setting up a business in Dubai, but it is crucial for entrepreneurs to carry out careful research and take into account the particular requirements and nature of their ventures. In this dynamic and active city, local laws, cultural quirks, and market dynamics must all be carefully negotiated to enable a profitable and long-lasting business operation. The chances of starting a successful company in Dubai can be further increased by working with regional business experts and utilizing government assistance.
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Banking and Investment Opportunities in Dubai's Financial Services Sector
Dubai has emerged as a global financial hub, offering an array of banking and investment opportunities in its thriving financial services sector. This bustling metropolis in the United Arab Emirates has become a magnet for investors and financial institutions seeking stability, innovation, and strategic geographic positioning financial services dubai
The Dubai International Financial Centre (DIFC) serves as the nucleus of this dynamic sector, attracting top-tier international and regional banks, asset management firms, and fintech startups. The DIFC's regulatory framework is based on international best practices, providing a secure and business-friendly environment for financial services.
Dubai's banking sector is renowned for its stability and transparency. The city boasts a host of international and local banks, offering a wide range of services, from retail and corporate banking to private wealth management. Moreover, its strategic location at the crossroads of East and West makes it a prime destination for trade finance and treasury operations.
The investment landscape in Dubai is equally enticing. The real estate sector has traditionally drawn investors, but Dubai is diversifying into other asset classes such as technology, renewable energy, and healthcare. Additionally, Dubai's stock exchange, the Dubai Financial Market (DFM), provides a platform for trading a diverse array of securities, further enhancing investment opportunities.
Dubai's visionary approach extends to its commitment to fintech and innovation. The city has launched initiatives like the Dubai Future Accelerators and the Dubai Financial Services Authority's (DFSA) regulatory sandbox to nurture startups and technology-driven solutions in the financial sector.
In conclusion, Dubai's financial services sector offers a wealth of opportunities for both domestic and international investors. Its strategic location, robust regulatory framework, and commitment to innovation make it a compelling destination for those looking to tap into the region's burgeoning financial landscape. Whether you are interested in banking, investment, or fintech, Dubai provides an open and dynamic environment for growth and prosperity in the financial services sector hr services dubai
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The Importance of Free Zones in International Trade and Globalization
The interconnectedness of today's world has sped up international trade and globalization. As a result, free zones have become a necessary part of facilitating world trade. Free zones, also known as free trade zones, are designated areas where goods are imported, stored, processed, and exported without being subjected to the customs laws and regulations of the host country. These zones are mainly found around major international airports, seaports, and national frontiers.
Free zones simplify bureaucracy, and top-notch infrastructure makes it easier for companies in these areas to do business. Therefore, it is crucial to understand the importance of free zones in international trade and globalization.
Globalization has played an influential role in the increase of free zone. The opening up of economies, liberalization of trade, and technological advancements in communication and transportation have allowed businesses to expand their operations across boundaries. Consequently, this has led to the emergence of global value chains, where different stages of production take place in other countries, and goods and services are traded across borders.
These special economic zones in international trade have immense benefits. They provide a haven and a conducive environment for companies to experiment with innovative products, processes, and technologies without the risks associated with the domestic market.
Free zones also offer encouragement and benefits to companies establishing their operations within their boundaries. These incentives include lower taxes, relaxed labor laws, and streamlined customs procedures. These incentives reduce costs and increase efficiency for industries operating within these zones, making them more competitive globally.
At the same time, the free zones create employment opportunities for local citizens and stimulate overall economic growth. Companies that operate in these zones require both skilled and unskilled workforce, providing opportunities for unemployed people. In some cases, free zones are often located in areas that need economic development, which spurs growth and development. The free zones are also avenues in which host countries attract foreign direct investments, increasing exports with the accrued benefit of technology and knowledge transfer to the domestic market in the long run.
There are several many successful free zones around the world. The Jebel Ali Free Zone in Dubai is one of the most well-known free zones. It is the largest free zone in the world and is home to over 9,000 companies from 140 countries, including Fortune 500 firms. In the United Arab Emirates, Jafza maintains the employment of more than 135,000 persons, and in 2019, it facilitated trade worth US$104 billion. Jafza provides a range of incentives to companies that operate within its boundaries.
Another example is the Dubai International Financial Centre (DIFC). It is a finance and business services hub home to many of the world's leading financial institutions. DIFC, an independent free zone of Dubai, enables businesses to have full ownership without requiring a local partner. Along with the UAE's network of double taxation agreements, DIFC provides its clients a 50-year assurance of exemption from corporate income and profit taxes.
The government operates about 293 free trade zones in the USA throughout the 50 states as of 2023, with the largest located on Panama's Atlantic side. The zone known as the Colon free zone (CFZ) is the second largest in the world. Focusing on business-to-business activities relating to import and re-exports, CFZ has over 2,000 companies registered to operate there.
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GULF INTERNATIONAL FINANCE LIMITED
Finance/ Byzakria Nadeem
Gulf International Finance Limited (GIF) is a leading provider of Islamic banking, investment and financial services. GIF is headquartered in the United Arab Emirates and has offices in Bahrain, Jordan, Kuwait, Oman, Qatar and Saudi Arabia.
GIF was established in 1974 as a joint venture between the Abu Dhabi Investment Council (ADIC) and the DubaiFinancialGroup (DFG). The company has grown to be one of the largest Islamic financial institutions in the world with assets of more than $100 billion.
The company operates under Sharia principles which means that its products are based on Islamic law. This means that no interest can be charged on loans or investments and all transactions must comply with Islamic law. It also means that GIF does not offer any products or services that involve forbidden practices such as gambling or alcohol consumption. Their international division offers products such as multi-currency mortgages, foreign exchange trading and wealth management services for high net worth individuals from non-Muslim countries. (Gulf International Finance Limited)
The firm’s customers include multinational corporations across various industries such as healthcare providers, food manufacturers, banks and construction companies among others. (Gulf International Finance Limited)
INTERNATIONAL FINANCE COMPANIES IN DUBAI
Dubai is one of the world’s most important financial centres, and is home to many internationalfinance companies.These companies play a vital role in the city’s economy, and provide a wide range of financial services to businesses and individuals.
The Dubai International Financial Centre (DIFC) is the city’s main financial district, and is home to many of the world’s leading banks andfinancialinstitutions. The DIFC is a hub for international trade and investment, and provides a gateway to the Middle East’s financial markets.
The Dubai Financial Market (DFM) is another important financial centre in Dubai, and is the largest stock exchange in the Middle East. The DFM is a major regional player in the global financial markets, and offers a wide range of investment opportunities.
Another few international finance companies in Dubai are Emirates NBD, Emirates Islamic Bank, Abu Dhabi Commercial Bank, and National Bank of Abu Dhabi.
Dubai is also home to many privatebanksand wealth management firms, which provide a range of services to high-net-worth individuals. These firms offer a wide range of investment products and services, and provide expert advice on financial planning and investment strategies. Some of these firms include Barclay’s Wealth Management, HSBC PrivateBankingServices, and Standard Chartered Private Wealth.
TOP LIST OF FINANCE COMPANIES IN DUBAI
There are many finance companies in Dubai that offer a wide range of services. These companies can help you with everything from getting a loan toinvesting your money.The List is too long But I am Sharing with you Some of the top finance companies in Dubai include
-Emirates NBD
-Citibank
-Standard Chartered
– Emirates NBD
– HSBC
– Standard Chartered Bank
– Mubadala Development Company
– Abu Dhabi Commercial Bank
– Investment Corporation of Dubai
– Dubai Islamic Bank
– Mashreq bank
So, If you’re looking for a loan, these finance companies can offer you competitive rates and terms. If you’re looking to invest your money, they can offer you a variety of options and help you find the best investment for your needs. No matter what your financial needsare, there’s a finance company in Dubai that can help you. You just need to take some time to do some research on the different companies and figure out which one is right for you.
PRIVATE FINANCE IN DUBAI
Private finance in Dubai is an important and growing industry. With the city’s economy booming, there is a growing demand for private financial services.
There are a number of privatefinancialinstitutions in Dubai that offer a range of services, from investment and banking services to insurance and financial planning. These institutions play an important role in the city’s economy, and provide a vital service to its residents.
So, The private financial sector in Dubai is highly regulated, and all institutions must adhere to strict guidelines. This ensures that the industry is safe and sound, and that consumers are protected.
The privatefinanceindustry in Dubai is a vital part of the city’s economy, and plays an important role in its development. Many institutions offer a wide variety of services, with new ones continually opening. As long as you choose wisely and abide by the laws set out by regulatory bodies such as DIFCA or DFSA, then you will be well looked after.
TOP FINANCE COMPANIES IN UAE
There are many finance companies in UAE that cater to the needs of different customers. These companies offer a variety of products and services that can meet the needs of individuals and businesses. These companies offer a variety of financial products and services, such as loans, investment banking, asset management, and more.
Some of the top finance companies in UAE are Al Hilal Bank, Emirates NBD, HSBC, Mashreqbank, Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Dubai Islamic Bank, and more.
Al Hilal Bank is one of the leading banks in UAE that offers a range of services including personal and corporate banking, investment banking, and Islamic banking.
Emirates NBD is another leading bank in UAE that provides a wide range of banking products and services.
HSBC is another multinational bank that offers a variety of banking products and services to its customers.
Mashreqbank is another leading bank in UAE that offers a wide range of banking products and services including personal banking, corporate banking, and investment banking.
Abu Dhabi Commercial Bank is also a leading bank in UAE which offers a variety of banking products and services for individuals, SMEs, and corporates.
First Abu Dhabi Bank is another popular bank with diverse banking offerings for all types of customer segments.
Dubai Islamic Bank is also an established company offering various types of financial services like mortgage financing, consumer financing, leasing financing, vehicle financing etc.
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LUXURY APARTMENTS SALE IN DOWNTOWN DUBAI
Downtown Dubai is referred to as the 'Centre of Now'. This title is indicative of its significant location in Dubai's cityscape as well as the pivotal role it plays in the economy of the dynamic emirate. The Downtown Dubai community is situated along Sheikh Zayed Road; the Emaar development is bordered by Financial Centre Road in the northeast and Business Bay in the south. The 500-acre wide mega-development is only 5-minutes from Dubai International Financial Centre and 10-minutes away from Dubai International Airport. The Downtown Dubai community is enclosed within the Sheikh Mohammed bin Rashid Boulevard. The Boulevard is a 3.5-kilometre avenue that loops around the Burj Khalifa, past the Burj Park and Burj Lake, and is dotted with restaurants, cafes and local art installations. Luxury Downtown Dubai community is also home to the Opera District. The Dubai Opera is a 2,000-seat multi-format performing art centre that is located in the Opera District - an address that is sought-after due to its luxury residential skyscrapers. However, amidst all the glitz and glamour of the latest Downtown Dubai, the centrepiece remains the magnificent Burj Khalifa. The tallest building in the world, standing at an impressive 828 metres, is the key symbol of the heights of innovation and engineering in Dubai.
Downtown Dubai is exciting! It’s filled with character, it’s modern and contemporary, the streets are busy, there is beautiful shopping, the people are interesting and the area as a whole, to live in or to visit, is fabulous. ��There are apartments for sale in Downtown Dubai that you should look at if you are thinking of investing in property, not just because Downtown Dubai apartments are an excellent investment, but because living in luxury downtown Dubai is wonderful. The apartments for sale in the address Downtown Dubai range in size and range in price and of course it depends on what you are looking for. There is something for everyone here, and if you are new to the property market you can also find cheap apartments in Downtown Dubai. The area is popular with people of all nationalities, either living here permanently, renting our or visiting. It’s the perfect area for local and for tourists.
DOWNTOWN DUBAI THE CENTRE OF NOW
Downtown Dubai is the city's bustling central district, famed for its impressive array of stunning skyscrapers, luxurious residences, and buzzing commercial hubs. Billed as The Centre of Now, it has provided an immense contribution to Dubai, inspiring character as a truly global city. Extending across 500 acres of land, it is Emaar 's flagship mega-development in the heart of Dubai. Situated along Sheikh Zayed Road, it is bounded by Business Bay to the south and Financial Centre Road to the northeast. Over the years, Downtown Dubai has transformed into a dynamic city hub famed for being the centre of luxury living and lifestyle that goes beyond the ordinary.
Downtown Dubai is a highly coveted destination, particularly for young professionals, families, and even celebrities due to its central location, thriving community, and lively lifestyle. Residents and tourists are spoilt with a wide array of fascinating attractions and ample nightlife options. From a plethora of fine dining restaurants up to a boulevard of high-end retail outlets, Downtown Dubai offers an all-encompassing city lifestyle like no other. Home to some of Dubai's most exclusive addresses, Downtown Dubai offers a complete community experience. Its residential properties are perfectly suited for young professionals and families as they vary from stylish apartments and penthouses to a collection of beautiful villas offered in different designs and configurations. Residents of Downtown Dubai benefit from an abundance of lifestyle experiences, all housed in a single destination, starting from a host of food and social options to a selection of five-star hotel choices mere minutes away.
The apartments for sale in Downtown Dubai vary considerably. As mentioned, you can find small or big apartments, and you can find great prices and also very expensive prices. You might get lucky and find address Downtown Dubai apartments for sale that are well priced. Your price will vary depending on your view. Of course, the apartments for sale in Downtown Dubai are mostly high-rise apartments. You, therefore, might be on the first floor (lower prices) or on the thirtieth floor. (higher prices.) The fabulous thing about Downtown Dubai apartments is that you are right in the heart of everything, you are surrounded by contemporary, cutting edge, high rise apartments and buildings and the views are phenomenal. Prices will change for apartments for sale in Downtown Dubai depending where you are downtown, the age of your building, and the address. Look for property finder Dubai and get a wide range of property for sale in Dubai.
While the area is filled with astonishing buildings and architecture, there is still property for sale in Dubai. A property finder Dubai can help you and while not much is really cheap in Dubai, there are always excellent deals to be found and prices are still low compared to other global cities. Property in Dubai, especially the apartments for sale in Downtown Dubai are really good investments. If you choose to buy and resell, you will get your money back. And if you choose to buy and rent out, either to a UAE resident, a Dubai national or a foreign visitor or businessman, you will command a good rental. The apartments for sale in Downtown Dubai are solid investments. Downtown Dubai is broken up into various zones – Burj Khalifa, Dubai Mall, Burj Park Island, Dubai Fountain, Souq Al Bahar, Emaar Boulevard, The Old Town, Old Town Island – and you can find apartments for sale in the address Downtown Dubai that are just fantastic and in your price range.
FEATURES OF DOWNTOWN DUBAI
Supermarkets, metro stations and shopping malls available within reach
10 minutes away from Dubai International Airport
A gaming room, swimming pool, and fitness hubs
Lounge and mini theatres prevalent
Dubai Aquarium and underwater zoo
Burj Khalifa and Tha Dubai Mall
5 minutes away from DIFC
The Dubai Opera
Dubai Fountain
Souk Al Bahar
Armani Spa
An Affluent Address - Downtown Dubai
The Downtown Dubai community is a unique blend of retail outlets, dining venues and residential towers. Residences in Downtown Dubai are in the form of luxury apartments that range from studios to spacious 4-bedroom penthouses. The residents of the Downtown Dubai apartments for rent benefit from the abundance of lifestyle facilities available in the region. Swimming pools, gymnasiums, concierge services, receptions, security services and in-building parking are only a few of the facilities that will be provided in every residential tower in the Downtown Dubai community. The Downtown Dubai apartments for rent will provide its occupants with awe-inspiring views of the Dubai skyline with Burj Khalifa as the crowning glory at the centre. Residents and tourists can get around the community with ease through the variety of transportation options available. The Dubai Mall/Burj Khalifa metro station is the main hub of transportation in the Downtown Dubai district. Besides this, registered taxis and the Dubai Trolley are available to ferry visitors around the community. The lively district of Downtown Dubai continues to evolve into a sophisticated and glitzy area at the heart of one of the best cities in the world.
Almost all of Dubai is safe but the downtown Dubai area is particularly safe because of the mix of residents and tourists. Almost all apartments for sale in Downtown Dubai come with good security. This is one of the things you can check out when looking at property. Chat with people who live in the area already and get their feedback. Even the cheap apartments in Downtown Dubai are well maintained, safe and secure. Dubai prides itself on looking after its residents and its visitors and security is always something that Dubai developers take very seriously. Some apartments have security guards, others have key codes that you need to use, some take fingerprints. Security is usually a non-negotiable in any apartment complex and we are sure the apartments for sale in Downtown Dubai are good investments, have a good resale value, are perfectly positioned to live in or to rent out, and are safe and secure.
Dubai has an excellent infrastructure. It also has some of the top corporations and companies in the city center, companies from all around the world. Everyone needs to get around seamlessly and easily and Dubai has an excellent road and transport system. If you live in downtown Dubai you can get anywhere you want to get, easily and quickly, and also not too expensively. You can also walk to all your favorite restaurants, shops and malls. Owning a Downtown Dubai apartment is an excellent address and the location is really good. You can get to the beach and the Dubai Marina easily, you can get to the airport easily, and also to all the sports facilities and Sports City easily. If you are working in Dubai, Downtown Dubai is the perfect area to live. The apartments for sale in Downtown Dubai are popular for this reason and you can buy an apartment in downtown Dubai and rent it out easily, giving you extra income and a secure investment. If you are unsure about buying property in downtown Dubai, don’t be. Your investment is secure, it can be the short or long term, and you will easily be able to live her, resell if you want to, or rent it out. The address is good, the area is exciting, and you really cannot get any better.
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Lawyers in Dubai & Abu Dhabi
The United Arab Emirates has a dynamic and extensive legal sector with legal professionals ranging from transactional lawyers, real estate lawyers, corporate and commercial lawyers, civil and criminal law lawyers to family lawyers. The legal sector in the UAE is diverse and specialized and includes many well -known international law firms.
An important distinction of the legal fraternity of the United Arab Emirates is the concept of ‘Advocates’ and ‘Legal Consultants’. Wherein advocates represent local lawyers, licensed to represent before the UAE courts, and legal consultants are authorized for other legal services. When seeking legal advice in the UAE, you should research the top law firms in advance and ensure that you are approaching a well-established law firm that provides specialized services in diverse legal matters.
You can reach the best lawyers in Dubai by viewing the success stories, legal awards and accolades won by Dubai law firm. The legal 500 database lists some of the most reputed international law firms in the United Arab Emirates. Similarly, embassies and consulates in the UAE also provide and maintain law firms' list for legal services in the UAE.
The UAE has strict compliance requirements towards the licensing of the law firms, and the same applies for the licensing of lawyers. In addition, there exists separate compliance requirements for the law firms established in the free zone, such as the Dubai International Free zone (DIFC). Lawyers in Dubai are regulated by the Legal Affairs Department of Dubai, and the lawyers in Abu Dhabi are regulated at the federal level by the ministry of justice and at the emirate by the Legal and Risk Management Affairs Advisory Unit of the Executive Affairs Authority.
Al Rowaad Advocates and Legal consultants are a full-service law firm duly licensed to perform advocacy in the United Arab Emirates. Our team of advocates and legal consultants cater to the legal requirements of local and international clients with the highest level of experienced professional services. Among others the strong practice areas of the firm include corporate and commercial matters, civil and criminal law, family law, banking, real estate, employment law, family law and litigation & arbitration matters. Being a multi-lingual law firm, the firm offers its services in English, Arabic, Russian, Urdu, Hindi, Persian and Tagalog.
To know more about the firm and to avail its services please visit our website at https://www.alrowaad.ae
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Business Setup in UAE Free Zones
Every aspiring entrepreneur who wishes to set up a business in the UAE dreams to be his own boss by having full control over his company. However, the foreign investors find the requirement of local sponsorship a turn off while forming a company on the mainland in the UAE. There are more than forty free zones spread over the seven emirates in the UAE that somehow solve this concern of the foreign investors by offering 100% ownership apart from providing added advantages like favorable taxation regime, total repatriation of capital, ultra-modern facilities, etc.
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More importantly, the free zones in the UAE are governed by its own regulatory authorities and this boosts the entrepreneurial spirits of foreign business owners as the setup procedures are easier. Moreover, there are sector-specific free zones like DIFC, DSO, Dubai Media City, Dubai Healthcare City, Ajman Media City and Dubai Internet City, etc. that serve as an added attraction for foreign investors. Business setup consultants in Dubai, UAE recommend the investors to set up their company in UAE free zones to gain access to these benefits.
Why Should Foreign Investors opt For Company Formation in UAE Free Zones?
The UAE government has set up free zones to attract foreign investments in large numbers and also diversify its economy from oil to trade, tourism and services. The free zones in the UAE maintain a reputation among the investors across the world and help in bolstering the economy of the country by encouraging more commercial business ventures, boosting foreign direct investment (FDI), enhancing the spirit of entrepreneurship, and generating more employment opportunities. The free zones like JAFZA, Ajman Free Zone, SHAMS in Sharjah, RAKEZ, KIZAD, Umm Al Quwain Free Zone, etc. have contributed significantly to the UAE’s economy. The following are some of the top reasons why the business setup in UAE free zones is important for foreign investors:
1. 100% Ownership, Total Control Over Business
The spirit of entrepreneurship gets uplifted only when the business owner can fully own the company he has started. The free zone company formation in UAE is a great blessing for the foreign investors as they can enjoy 100% ownership. Unlike the mainland business setup in Dubai or UAE, the investor doesn’t need to appoint a UAE national as a local sponsor who will hold at least 51 % shares in the company.
2. Total Repatriation of Profits Plus Tax Benefits
Registering a company in any of the free zones in the UAE provides foreign investors with the benefit of 100% repatriation of profits. The opportunity to take home the total earnings is highly beneficial especially for the branch company formation in the UAE. Except for the businesses in the Oil and Banking industries, the free zone companies are not required to pay any corporate taxes. However, the companies are required to register for Value Added Tax (VAT) if their total value of taxable supplies exceeds AED 375,000.
3. Easy Procedure of Company Formation in UAE Free Zones
The free zones are governed by a separate regulatory authority and this offers great flexibility for the investors during the process of business setup in UAE. The approvals in free zones take less time in comparison with the mainland company formation in Dubai or any other emirates. The investors need to ensure that all the documents are readily available with them and the documentation process could be finished easily if the companies hire the best business setup consultants in Dubai, UAE.
4. Modern Infrastructure
By setting up a company in the UAE free zones, the business owners can trade with the countries outside as they are not allowed to trade directly in the UAE market. The main business activities in the free zones are based on imports and re-exports and this demands the need from a highly developed infrastructure. The UAE free zones offer greater connectivity through the sea, air, and land and provide proximity to seaports, international airports, and crucial trading hubs.
Types of Company Structures Allowed to Set Up in the UAE Free Zones
Company formation in the UAE free zones come with the benefit of choosing the most efficient forms of legal structures available. Depending on the business activities and the licenses the investors hold the following types of companies can be incorporated in the UAE free zones:
1. Free Zone Company
A Free Zone Company (FZCO) typically has 2-5 shareholders
2. Free Zone Establishment
A Free Zone Establishment can be formed with a single shareholder
3. Branch
The UAE local companies located outside the free zone and the foreign companies can set up their branches in the free zones.
Types of Licenses Available in Various UAE Free Zones
The free zones in the UAE are known for providing investors with a variety of licenses to choose from. The licenses cover nearly all types of profitable industries in the UAE which facilitates a robust company registration in the UAE. The foreign investors who wonder about how to obtain a business license in the free zones must get professional assistance from the best business setup consultants in Dubai, UAE. The following are some of the major types of licenses in the UAE free zones. The following are some of the common licenses provided by various free zones in the UAE:
General Trading License
Service / Consultancy License
Trading / Commercial License
E-Commerce License
Education License
Industrial License
Freelance Permits
Manufacturing License
How to Set up a Company in the UAE Free Zones?
The UAE free zones follow the rules and legal procedures set out by the respective free zone authority which has to be followed to initiate the process of company incorporation in the UAE free zones. The investors who are not familiar with the legal procedures must consult with the reputed business setup consultants in the UAE to avoid unnecessary delays during company registration. The following are the steps to be followed for registering a company in the UAE free zones and it must be remembered that the requirements may vary from free zone to free zone.
1. Identify the Business Activity
The investors primarily have to determine the business activity you are planning to conduct and select the right free zone that allows the activity. Conduct thorough research on the activity and identify which free zone has the right facilities for the activity. The consultancies that provide the best business setup services in Dubai, UAE will be of great help to ward off any confusion about choosing the right free zone.
2. Determine the Legal Structure
Depending on the number of shareholders and the business activity the investors need to choose the legal structure which is most appropriate for the entity. The number of shareholders determines whether the company should be an FZCO or an FZE.
3. Choose a Trade Name
The next in the process of business setup in the UAE free zone is selecting the right trade name for the company. The investors need to follow the guidelines issued by the respective free zone authorities while choosing the company name.
4. Apply for Trade License
Depending on the activity, the entrepreneurs can choose the appropriate license for the free zone entity. The application to obtain the trade license can be submitted to the free zone authority through reputed business setup consultants in the UAE for quick completion of the company registration procedure.
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Top 40 Fintech influencers to follow in the Middle East
Over the last couple of years, several changes in technology have an impact on financial and banking services as well. Now everyone is aware of the term FinTech which means usage of technology in the financial sector. Definitely, fintech influencers had their piece of share in making fintech an enormous thing by sharing their ideas and influencing the world of techno-finance. Along with several other nations, the Middle East also have seen many influencers who helped in Fintech growth.
Here’s a list of top Fintech influencers in the Middle East region (not in a specific order)
1. Raja Al Mazrouei
Raja Al Mazrouei is the Executive Vice President of FinTech Hive at the Dubai International Financial Centre(DIFC). She works with an aim to make DIFC as the region’s best innovative destination for Fintech.
2. Arif Amiri
Arif Amiri is the Cheif Executing Officer at Dubai International Financial Center(DIFC). He manages the strategic and operational functions of the center. Currently, DIFC is working towards the fintech development which is a part Arif’s vision for DIFC.
3. Leigh Flounders
Leigh Flounders is the Senior Vice President Head of Digital Strategy and Engagement at Emirates NBD. He bagged several awards till date, amongst which The 2017 South By Southwest(SXSW) Conference FinTech & Payments pitch winner deserves a special mention.
4. Craig Moore
Craig Moore is the founder of Beehive which is the first peer-to-peer lending platform in the Middle East and North Africa(MENA) region. Beehive was launched in November 2014, it connects businesses seeking finance and investors. Till date, it has provided finance to more than 32 SMEs.
5. Kanchan Kumar
Kanchan Kumar is one of the founders of Remitr. Remitr is an end-to-end money transfer platform which was started with an aim to make global payments simple. In the year 2016, it was recognized as one of the most promising startups in the UAE region.
6. Suvo Sarkar
Suvo Sarkar is the Senior Executive Vice President and Group Head in Retail banking & Wealth management at Emirates NBD. He contributes to the growth of revenue, profits and customer base for the bank by setting new standards for product innovation. He also publishes a column on the changing paradigms in the banking sector. He is considered as a Finovate speaker in the Middle East.
7. Abdul Fahad Al Jouf
Abdul Fahad Al Jouf is the founder of PayTabs. PayTabs is a payment gateway that provides businesses to transfer funds to each other without any complications. Realizing the difficulties faced by the SME merchants in the MENA region to get a payment gateway, Abdul developed PayTabs. It provides payment solutions to all kinds of business be it small and medium enterprises, large scale organizations, etc.
8. Mirna Sleiman
Mirna Sleiman is the CEO and founder of Fintech Galaxy which is a digital crowdsourcing platform. It connects fintech entrepreneurs and investors. Mirna is the former award-winning financial journalist. She even guided several banks and governments on their digital transformation projects.
9. Sridhar Iyer
Sridhar Iyer is the Head of Mashreq Neo and Banking. Mashreq Neo is the digital banking application that is working with an aim to make banking easy and swift for the customers. This definitely makes a good addition to the growth of fintech in the UAE region.
10. Moussa Beidas
Moussa Beidas is the founder of Bridg, a smartphone app. It is an app which uses Bluetooth to make online payments. It is the first app that works on flight mode as well. Bridg is definitely one of the best fintech innovations. It makes the payment process simple.
11. Sagar Sanap
Sagar Sanap is the AVP- Digital Sales Lead in Citi Bank. Being expertise in the field of Product strategy, Digital marketing, and campaign management, he is making a good share in the field of fintech.
12. Sam Quawasmi
Sam Quawasmi is one of the founders of the first equity crowdfunding platform Eureeca. It provides equity-based crowdfunding opportunity for the businesses. In the year 2013, Sam Quawasmi and Chris Thomas(Founder of Eureeca) were awarded “Innovator of the Year” award by Gulf Business Industry Awards in the UAE.
13. Peter Smith
Peter Smith is the managing director, policy and strategy at Dubai Financial Services Authority(DFSA). DFSA regulates the financial services conducted from Dubai International Financial Center(DIFC) which works with a vision to drive the future of finance.
14. Philip King
Philip King is the Global Head of Retail Banking at ADIB. Prior to ADIB, he worked in several other well-known banks. ADIB launched MoneySmart which is the first digital community in the Middle East region. It also added “ADIB Express” to their app in order to provide instant digital services to their customers.
15. Richard Teng
Richard Teng is the CEO of the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Market(ADGM). The first Fintech Regulatory Laboratory Framework in the MENA region was developed in ADGM under the supervision of Richard. He works in the development of Fintech ecosystem in Abu Dhabi region.
16. Wai Lum Kwok
Wai Lum Kwok is the Executive Director of Capital Markets, Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Market(ADGM). He is known for his efforts and supervision in the development of Fintech in ADGM.
17. Promoth Manghat
Promoth Manghat is the CEO of UAE Exchange. He leads the global operations team of UAE Exchange center. He supervises in expanding UAE Exchange all over the world besides the day-to-day operations of his team.
18. Jayesh Patel
Jayesh Patel is the head of Liv. account of Emirates NBD. Liv. account is the first digital banking account in the UAE region. This account was launched by taking millennials and digital lifestyle into consideration. Liv account is one of the best add-ons to Fintech growth in the UAE.
19. Stelios Michaelides
Stelios Michaelides is the head of Digital Banking in Commercial Bank of Dubai(CBD). CBD Now is a digital banking product that was launched under the supervision of Stelios. It uses the latest technologies which promote in the safe and simplest way of banking for the customers.
20. Siddiq Farid
Siddiq Farid is the CEO and one of the founders of SmartCrowd. SmartCrowd is a real estate crowdfunding platform in the UAE. It is the only company that is regulated by the DFSA(Dubai Financial Services Authority) and the first company in UAE that supports digital real estate investments.
21. Tanvir Shah
Tanvir Shah is the Managing Director of The Partnerships Consulting. He supervises on banking, payments, fintech strategies, etc. in the MENA region. His works have been recognized by several popular publications like The Banker Middle East, Cards International, etc.
22. Lynnette Abad
Lynnette is the Director of Research and Data at PropertyFinder group. Having technology and real estate as her professional passions, she’s been working on PropTech for maximum time in her career.
23. Mark Chahwan
Mark is one of the co-founders of Sarwa. Sarwa is an online financial advisor that helps customers in finding investment opportunities with good returns and low-risks. It was recognized as one of the top 20 fintech companies by Forbes and the first startup to have an innovation license by the Dubai International Financial Center.
24. Mike Cunningham
Mike has been spending most of his career in the FinTech sector. He works as an independent mentor at DIFC(Dubai International Financial Center) Fintech Hive. Besides that, he is the CEO of BankClearly a startup which invented a new way of banking.
25. Omar Soudodi
Omar Soudodi is the managing director at PayFort. PayFort is a payment gateway platform which provides a secured and safe payment facility for online shoppers. It has won several awards in the MENA region along with the Best Fintech Company in the year 2016 by The Entrepreneur.
26. Usama Zafar
Usama Zafar is the Head of Digital & Direct Marketing in ADIB. He has 13+ years of work experience in well-acclaimed domestic and international companies. He is considered as a growth hacker with accomplishments of billion dollars in annual sales of the companies he worked.
27. Nameer Khan
Nameer Khan is not only a fintech influencer but also an insurtech. He is a founding board member of MENA Fintech Association which helps in shaping the future of financial services in the UAE.
28. Ola Doudin
Ola Doudin is the Cofounder and CEO of BitOasis which is digital asset exchange and wallet. It allows individuals to purchase, sell and trade digital assets. Along with the digital wallet and trading services, they also offer consulting services to the organizations.
29. Omar Rana
Omar Rana is the co-founder and director of strategy and finance in Finalytix. Finalytix provides financial advice and wealth management of a company. Omar is also a global fintech speaker who was invited to talk at various conferences.
30. Omeed Mehrinfar
Plug and Play Tech is a platform that connects Startups and the world’s largest corporations. Omeed Mehrinfar is the regional director of such an innovative platform that helps the startups, investors, etc connect with each other. Plug and Play Tech work on the main objective to catalyze technological advancement.
31. Osama Al Rahma
Osama Al Rahma is the CEO of the Al Fardan Exchange. Al Fardan Exchange is a well-known exchange center in the UAE. Apart from the Al Fardan Exchange center, he is a board member of certain well-acclaimed companies like Foreign Exchange and Remittance group, 2 the point, who is responsible for the development of strategies.
32. Tim Buckler
Tim Buckler is the Digital Sales Manager in Emirates Islamic Bank. With 9+ years of experience in the field of digital finance, his strategies mainly focus on developing overall e-commerce experiences. He helps in building the digital channel that eventually drives towards the customer and product gain.
33. Preeti Mundhra
Preeti Mundhra the Head of Marketing and Partnerships at the Liv. Digital Bank is one of the best fintech influencers in the UAE through Liv. account which is one of the best initiatives in the fintech space.
34. Shaheen Alkhudhari
The founder and CEO of the well-known rent and property management platform, Ajar Online is Shaheen Alkhudhari. This platform helps homeowners manage their properties by offering a quick online rent collection facility. This makes the process of receiving or sending rent very easy.
35. Khalid Saad
Khalid Saad is the CEO of Bahrain Fintech Bay. Bahrain Fintech Bay is the first fintech hub in Bahrain and largest fintech hub in the MENA region. He is also the Executive Director of Fintech Consortium which helps in growth and acceleration of Fintech ecosystems.
36. Sonny Zulu
Sonny Zulu is the Managing Director and Head of Retail Banking at Standard Chartered Bank. He is known for delivering outstanding performance at work which helped in the growth of profits, revenue, etc.
37. Eric Modave
Eric Modave is the Chief Operating Office in Arab Bank who is in charge of all the IT operations, Enterprise Digital Innovation, data management, etc. for the bank. Prior to the Arab bank, he worked at top-noted banks in other regions.
38. Denit Varghese
Denit Varghese is the Senior Digital Planner at Carat. With long career experience in the field of digital marketing, his motto of looking at the long term success rather than short term returns makes him the best at the industry.
39. Bogdan Maranu
Bogdan Maranu is the Associate Media Director at Spark Foundry. It is a start-up that melds an innovative business approach with resources and capabilities.
40. Omar Bin Brek
Omar Bin Brek is the founder of the UAE Fintech Startup Foloosi. Foloosi facilitates consumer to business payments with advanced technical solutions. This is definitely a good add-on to fintech realm.
Other than these, there are several other influencers who are helping in the growth of Fintech in the Middle East and North Africa(MENA) region.
Source: https://www.mymoneysouq.com/financial-blog/top-40-fintech-influencers-to-follow-in-the-middle-east/
0 notes
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Top Fintech influencers to follow in the Middle East
Over the last couple of years, several changes in technology have an impact on financial and banking services as well. Now everyone is aware of the term FinTech which means usage of technology in the financial sector. Definitely, fintech influencers had their piece of share in making fintech an enormous thing by sharing their ideas and influencing the world of techno-finance. Along with several other nations, the Middle East also have seen many influencers who helped in Fintech growth.
Here’s a list of top Fintech influencers in the Middle East region (not in a specific order)
1. Raja Al Mazrouei
Raja Al Mazrouei is the Executive Vice President of FinTech Hive at the Dubai International Financial Centre(DIFC). She works with an aim to make DIFC as the region’s best innovative destination for Fintech.
2. Arif Amiri
Arif Amiri is the Cheif Executing Officer at Dubai International Financial Center(DIFC). He manages the strategic and operational functions of the center. Currently, DIFC is working towards the fintech development which is a part Arif’s vision for DIFC.
3. Leigh Flounders
Leigh Flounders is the Senior Vice President Head of Digital Strategy and Engagement at Emirates NBD. He bagged several awards till date, amongst which The 2017 South By Southwest(SXSW) Conference FinTech & Payments pitch winner deserves a special mention.
4. Craig Moore
Craig Moore is the founder of Beehive which is the first peer-to-peer lending platform in the Middle East and North Africa(MENA) region. Beehive was launched in November 2014, it connects businesses seeking finance and investors. Till date, it has provided finance to more than 32 SMEs.
5. Kanchan Kumar
Kanchan Kumar is one of the founders of Remitr. Remitr is an end-to-end money transfer platform which was started with an aim to make global payments simple. In the year 2016, it was recognized as one of the most promising startups in the UAE region.
6. Suvo Sarkar
Suvo Sarkar is the Senior Executive Vice President and Group Head in Retail banking & Wealth management at Emirates NBD. He contributes to the growth of revenue, profits and customer base for the bank by setting new standards for product innovation. He also publishes a column on the changing paradigms in the banking sector. He is considered as a Finovate speaker in the Middle East.
7. Abdul Fahad Al Jouf
Abdul Fahad Al Jouf is the founder of PayTabs. PayTabs is a payment gateway that provides businesses to transfer funds to each other without any complications. Realizing the difficulties faced by the SME merchants in the MENA region to get a payment gateway, Abdul developed PayTabs. It provides payment solutions to all kinds of business be it small and medium enterprises, large scale organizations, etc.
8. Mirna Sleiman
Mirna Sleiman is the CEO and founder of Fintech Galaxy which is a digital crowdsourcing platform. It connects fintech entrepreneurs and investors. Mirna is the former award-winning financial journalist. She even guided several banks and governments on their digital transformation projects.
9. Sridhar Iyer
Sridhar Iyer is the Head of Mashreq Neo and Banking. Mashreq Neo is the digital banking application that is working with an aim to make banking easy and swift for the customers. This definitely makes a good addition to the growth of fintech in the UAE region.
10. Moussa Beidas
Moussa Beidas is the founder of Bridg, a smartphone app. It is an app which uses Bluetooth to make online payments. It is the first app that works on flight mode as well. Bridg is definitely one of the best fintech innovations. It makes the payment process simple.
11. Sagar Sanap
Sagar Sanap is the AVP- Digital Sales Lead in Citi Bank. Being expertise in the field of Product strategy, Digital marketing, and campaign management, he is making a good share in the field of fintech.
12. Sam Quawasmi
Sam Quawasmi is one of the founders of the first equity crowdfunding platform Eureeca. It provides equity-based crowdfunding opportunity for the businesses. In the year 2013, Sam Quawasmi and Chris Thomas(Founder of Eureeca) were awarded “Innovator of the Year” award by Gulf Business Industry Awards in the UAE.
13. Peter Smith
Peter Smith is the managing director, policy and strategy at Dubai Financial Services Authority(DFSA). DFSA regulates the financial services conducted from Dubai International Financial Center(DIFC) which works with a vision to drive the future of finance.
14. Philip King
Philip King is the Global Head of Retail Banking at ADIB. Prior to ADIB, he worked in several other well-known banks. ADIB launched MoneySmart which is the first digital community in the Middle East region. It also added “ADIB Express” to their app in order to provide instant digital services to their customers.
15. Richard Teng
Richard Teng is the CEO of the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Market(ADGM). The first Fintech Regulatory Laboratory Framework in the MENA region was developed in ADGM under the supervision of Richard. He works in the development of Fintech ecosystem in Abu Dhabi region.
16. Wai Lum Kwok
Wai Lum Kwok is the Executive Director of Capital Markets, Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Market(ADGM). He is known for his efforts and supervision in the development of Fintech in ADGM.
17. Promoth Manghat
Promoth Manghat is the CEO of UAE Exchange. He leads the global operations team of UAE Exchange center. He supervises in expanding UAE Exchange all over the world besides the day-to-day operations of his team.
18. Jayesh Patel
Jayesh Patel is the head of Liv. account of Emirates NBD. Liv. account is the first digital banking account in the UAE region. This account was launched by taking millennials and digital lifestyle into consideration. Liv account is one of the best add-ons to Fintech growth in the UAE.
19. Stelios Michaelides
Stelios Michaelides is the head of Digital Banking in Commercial Bank of Dubai(CBD). CBD Now is a digital banking product that was launched under the supervision of Stelios. It uses the latest technologies which promote in the safe and simplest way of banking for the customers.
20. Siddiq Farid
Siddiq Farid is the CEO and one of the founders of SmartCrowd. SmartCrowd is a real estate crowdfunding platform in the UAE. It is the only company that is regulated by the DFSA(Dubai Financial Services Authority) and the first company in UAE that supports digital real estate investments.
21. Tanvir Shah
Tanvir Shah is the Managing Director of The Partnerships Consulting. He supervises on banking, payments, fintech strategies, etc. in the MENA region. His works have been recognized by several popular publications like The Banker Middle East, Cards International, etc.
22. Lynnette Abad
Lynnette is the Director of Research and Data at PropertyFinder group. Having technology and real estate as her professional passions, she’s been working on PropTech for maximum time in her career.
23. Mark Chahwan
Mark is one of the co-founders of Sarwa. Sarwa is an online financial advisor that helps customers in finding investment opportunities with good returns and low-risks. It was recognized as one of the top 20 fintech companies by Forbes and the first startup to have an innovation license by the Dubai International Financial Center.
24. Mike Cunningham
Mike has been spending most of his career in the FinTech sector. He works as an independent mentor at DIFC(Dubai International Financial Center) Fintech Hive. Besides that, he is the CEO of BankClearly a startup which invented a new way of banking.
25. Omar Soudodi
Omar Soudodi is the managing director at PayFort. PayFort is a payment gateway platform which provides a secured and safe payment facility for online shoppers. It has won several awards in the MENA region along with the Best Fintech Company in the year 2016 by The Entrepreneur.
26. Usama Zafar
Usama Zafar is the Head of Digital & Direct Marketing in ADIB. He has 13+ years of work experience in well-acclaimed domestic and international companies. He is considered as a growth hacker with accomplishments of billion dollars in annual sales of the companies he worked.
27. Nameer Khan
Nameer Khan is not only a fintech influencer but also an insurtech. He is a founding board member of MENA Fintech Association which helps in shaping the future of financial services in the UAE.
28. Ola Doudin
Ola Doudin is the Cofounder and CEO of BitOasis which is digital asset exchange and wallet. It allows individuals to purchase, sell and trade digital assets. Along with the digital wallet and trading services, they also offer consulting services to the organizations.
29. Omar Rana
Omar Rana is the co-founder and director of strategy and finance in Finalytix. Finalytix provides financial advice and wealth management of a company. Omar is also a global fintech speaker who was invited to talk at various conferences.
30. Omeed Mehrinfar
Plug and Play Tech is a platform that connects Startups and the world’s largest corporations. Omeed Mehrinfar is the regional director of such an innovative platform that helps the startups, investors, etc connect with each other. Plug and Play Tech work on the main objective to catalyze technological advancement.
31. Osama Al Rahma
Osama Al Rahma is the CEO of the Al Fardan Exchange. Al Fardan Exchange is a well-known exchange center in the UAE. Apart from the Al Fardan Exchange center, he is a board member of certain well-acclaimed companies like Foreign Exchange and Remittance group, 2 the point, who is responsible for the development of strategies.
32. Tim Buckler
Tim Buckler is the Digital Sales Manager in Emirates Islamic Bank. With 9+ years of experience in the field of digital finance, his strategies mainly focus on developing overall e-commerce experiences. He helps in building the digital channel that eventually drives towards the customer and product gain.
33. Preeti Mundhra
Preeti Mundhra the Head of Marketing and Partnerships at the Liv. Digital Bank is one of the best fintech influencers in the UAE through Liv. account which is one of the best initiatives in the fintech space.
34. Shaheen Alkhudhari
The founder and CEO of the well-known rent and property management platform, Ajar Online is Shaheen Alkhudhari. This platform helps homeowners manage their properties by offering a quick online rent collection facility. This makes the process of receiving or sending rent very easy.
35. Khalid Saad
Khalid Saad is the CEO of Bahrain Fintech Bay. Bahrain Fintech Bay is the first fintech hub in Bahrain and largest fintech hub in the MENA region. He is also the Executive Director of Fintech Consortium which helps in growth and acceleration of Fintech ecosystems.
36. Sonny Zulu
Sonny Zulu is the Managing Director and Head of Retail Banking at Standard Chartered Bank. He is known for delivering outstanding performance at work which helped in the growth of profits, revenue, etc.
37. Eric Modave
Eric Modave is the Chief Operating Office in Arab Bank who is in charge of all the IT operations, Enterprise Digital Innovation, data management, etc. for the bank. Prior to the Arab bank, he worked at top-noted banks in other regions.
38. Denit Varghese
Denit Varghese is the Senior Digital Planner at Carat. With long career experience in the field of digital marketing, his motto of looking at the long term success rather than short term returns makes him the best at the industry.
39. Bogdan Maranu
Bogdan Maranu is the Associate Media Director at Spark Foundry. It is a start-up that melds an innovative business approach with resources and capabilities.
40. Omar Bin Brek
Omar Bin Brek is the founder of the UAE Fintech Startup Foloosi. Foloosi facilitates consumer to business payments with advanced technical solutions. This is definitely a good add-on to fintech realm.
Other than these, there are several other influencers who are helping in the growth of Fintech in the Middle East and North Africa(MENA) region.
Source: https://www.mymoneysouq.com/financial-blog/top-40-fintech-influencers-to-follow-in-the-middle-east/
0 notes