March 21, 2025

Steps to Transfer your UAE Residence Visa from an Old Passport to a New One

[vc_row][vc_column][vc_column_text]Steps to Transfer your UAE Residence Visa from an Old Passport to a New One: There are certain process involved to apply for a new passport from your consulate or embassy in case your old passport has expired. You can transfer your UAE resident visa onto the new travel document by following ways.[/vc_column_text][vc_custom_heading text="PROCESS TO…

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March 21, 2025

Consumers of Middle East Prefer Locally Produced Goods

Consumers of Middle East Prefer Locally Produced Goods: There has been an emerging trend amongst consumers across the Middle East to shift from global to locally produced goods and services. A large chunk of the population that supports this are the millennials. It is the millennials now who constitute the working population and make choices…

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February 27, 2025

Bharat Mart Initiative by Modi in DP World

As the twins of digitalization and globalization transform commerce, India is getting up to the challenge with Bharat Mart mission — an ambitious initiative driven by Prime Minister Narendra Modi and DP World. Through this proposal is to empower Indian companies, especially SMEs, to access global markets via a world-class digital trading platform. This article explores the…

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February 10, 2025

Dubai and Hong Kong forge Financial Services Partnership to Activate Economic Corridor

Introduction In a move that has captured the attention of global financial markets, Dubai and Hong Kong, two iconic financial hubs, have recently announced a groundbreaking partnership aimed at establishing an economic corridor that promises to reshape the financial landscape of the Middle East and Asia. This strategic collaboration is set to unlock immense opportunities…

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February 10, 2025

UAE to Welcome 9,200 Additional Hotel Rooms by Year’s End, Report Finds

UAE – In a testament to its commitment to becoming a premier global tourism destination, the United Arab Emirates (UAE) is set to add a staggering 9,200 more hotel rooms to its inventory by the end of this year, according to a recent report. This expansion underscores the UAE’s relentless pursuit of excellence in the…

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January 29, 2025

New initiatives to help revitalise trading on MSX – Oman

Muscat: The Muscat Stock Exchange (MSX) recently unveiled a series of innovative steps that would help stabilize the exchange and revitalize trading. The initiative’s significance lies in its capacity to easily provide liquidity for securities, maintain a balance between supply and demand, and limit the existence of offers to buy or sell securities without accompanying…

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January 27, 2025

Oman’s oil exports reach 128.07 million barrels by May

Muscat: The National Centre for Statistics and Information (NCSI) released preliminary figures showing that the Sultanate of Oman exported a total of 128,070,300 barrels by the end of May 2023, with an average oil barrel price of $81. You will be interested on: Oman Free Zone Company Formation Eighty percent of the 160,144,300 barrels of…

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January 24, 2025

His Majesty The Sultan issues Royal Decree establishing Khazaen Economic City – Muscat, Oman

Muscat, Oman – His Majesty Sultan Haitham bin Tarik has issued a Royal Decree establishing Khazaen Economic City and promulgating its Bylaw (articles of association). You will be interested on: Duqm Free Zone Company Formation Registration Incorporation The city will be located in the governorate of South Al Batinah, on a land area of approximately…

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January 17, 2025

Dubai Chambers Opens London Office as UK Trade Hits $8.6bn

Dubai, UAE – Dubai Chambers, the largest business chamber in the Middle East, today announced the opening of its first European representative office in London. The office will be responsible for promoting Dubai as a global business hub and facilitating trade and investment between the UAE and the UK. The opening of the London office…

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January 16, 2025

Multi-billion dollar schemes fuel UAE’s industrial evolution

The United Arab Emirates (UAE) is investing heavily in its industrial sector, with a number of multi-billion dollar schemes underway. These schemes are aimed at transforming the UAE into a global hub for manufacturing and innovation. One of the most ambitious schemes is Operation 300 billion, which aims to attract AED 300 billion (USD 81.7…

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