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December 10, 2024
Oman and Germany explore ways to boost Constructive Cooperation
The Foreign Minister, Sayyid Badr Hamad Al Busaidi, met with the Foreign Minister of the Federal Republic of Germany, Annalena Baerbock, in Berlin. Sayyid went to Badr to take part in the Berlin Energy Transition Dialogue 2023. This meeting was part of that trip. At the meeting, they talked about how friendly and helpful the…
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Black Swan Editorial Team
December 10, 2024
Oman gives priority to Local firms for Digital Transformation Projects
Muscat: In order to help the local economy and make it stronger, a notice was sent out saying that local technology companies should be given priority for government digital transformation projects. Keep reading : Company Registration in Muscat In the ministerial circular put out by the Ministry of Transport, Communications, and Information Technology, it said…
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Black Swan Editorial Team
November 21, 2024
Wynn Resorts Secures UAE’s First Gambling License
In a bold and unprecedented step forward, Wynn Resorts has made history by becoming the first company in the history of the United Arab Emirates (UAE) to obtain a casino gambling license. In October 2024, this was announced and it represents a huge step forward in the evolution of entertainment and hospitality in the United…
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Black Swan Editorial Team
October 31, 2024
UAE announces new personal status law for non-Muslim expats
As on February 1, 2023, all non-Muslim foreign nationals living in the United Arab Emirates will be subject to a new Federal Decree-Law on Personal Status. In keeping with the UAE’s ongoing efforts to improve its legislative ecosystem, the Federal Personal Status Law will help the country achieve its goals and visions for the next…
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Black Swan Editorial Team
July 11, 2024
Dubai named Arab media capital for 2020
Dubai has been recognized to be the very first in the Arab world to emerge as a media power in the Gulf region. It has been given the title of ‘Arab Media Capital’ for 2020 last Wednesday by the Arab Information Council of Ministers. As per tweets of Dubai Media Office, it was at the…
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Black Swan Editorial Team
May 6, 2024
Becoming an Entrepreneur in Dubai
Dubai is a great place for entrepreneurs and startups. It has accelerators that strategically design opportunities for companies as there are numerous advantages when registering your company in Dubai. Being the wealthiest city within the Gulf Cooperation Council, Dubai serves perfect for any sized business. What suits Dubai to be best for your company? The…
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Black Swan Editorial Team
May 2, 2024
2,394 new Licenses issued by Dubai DED in June
The Dubai labor market has recently witnessed the creation of 7,598 jobs with the issuance of new licenses. 2,394 new licenses have been issued in June 2019 by the DED (Dept. of Economic Development) to carry out various professional, tourism, industrial and commercial activities. As per DED’s BRL (Business Regn. & Licensing) Divn., professional accounted…
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Black Swan Editorial Team
April 20, 2024
Oman’s Sultan grants citizenship to 157 expats – Citizenship will cost OMR600
His Majesty Sultan Haitham Bin Tarik has signed a Royal Decree that gives 157 expats in the country the right to become citizens. It’s not the first time Oman’s Sultan has given citizenship to people who have lived there before. In December of last year, he gave 32 expats their passports. Foreigners who want to…
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Black Swan Editorial Team
April 20, 2024
New Dates for Expo 2020 Dubai Announced
Expo 2020 will now welcome the world on 1 October 2021
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Black Swan Editorial Team
April 5, 2024
Rules for Company Formation in the Dubai Mainland
Rules for Company Formation in the Dubai Mainland: Starting a company in the Dubai Mainland comes with the knowledge that there won’t be too many restrictions and regulations while conducting business activities. What is necessary though, is to have a local sponsor. You can maintain a 100% percent ownership but you still have to have…
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Black Swan Editorial Team
February 19, 2024
6 month multiple entry VISA introduced in the UAE
6 month multiple entry VISA introduced in the UAE : UAE VISA : For non-UAE residents who seek to explore multiple opportunities here and enjoy long term investments can now avail 6 month multiple entry visa, introduced recently. Over 6,000 applications have been received by the ICA (Federal Authority for Identity & Citizenship) in the…
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Black Swan Editorial Team
February 16, 2024
Till 15 th September Tourists under 18 to be granted Free UAE Visa
This schemed launches every year between 15th July to 15th September targeting children under 18, will grant them tourist visa. However, they need to accompany their parent. The Federal Authority for Identity & Citizenship has announced launch of this scheme from Monday onwards, in June this year. This announcement has been made keeping in mind…
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Black Swan Editorial Team
February 16, 2024
Launch of Crypto Currency Jointly by UAE and Saudi
Launch of Crypto Currency Jointly by UAE and Saudi : The UAE has been anti-crypto in the beginning. However, now it is one of the best countries for cryptocurrency projects in the world. An advantage of working in UAE is that there are no taxes imposed on cryptocurrency projects. When did the Agreement Take Place?…
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Black Swan Editorial Team
February 13, 2024
Transfer of Funds From India to UAE
Transfer of Funds From India to UAE: Globally, most countries employ foreign exchange controls to check both the outflow and inflow of currency from one place to another. As such, in India, the Foreign Exchange Management Act (FEMA) of 1999 and the Directions issued by the Reserve Bank of India are the foreign currency controls.…
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Black Swan Editorial Team
February 7, 2024
Make a Top Virtual Destination by Investing in Dubai Real Estate
The initiative of ‘Invest in Dubai Real Estate’ has been launched by the Dubai Land Department, through its Real Estate Promotion and Investment Management Sector by cooperating with the Strategic Holding. This serves as a virtual destination for the real estate industry with its prominent real estate promotion initiatives held in Dubai. The initiative launches…
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Black Swan Editorial Team
February 5, 2024
UAE Issues Landmark Reforms to Civil – Criminal Law
Major reforms are announced covering women’s safety, inheritance, suicide, alcohol consumption, and Good Samaritans. The changes made to the civil and personal code is going to make it easier for expats to boost multiculturalism and to settle disputes. This follows a decree by the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan This comes…
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Black Swan Editorial Team
January 31, 2024
Is a local partner mandatory to start a business in the UAE?
Is a local partner mandatory to start a business in the UAE? : In Dubai & the rest of the UAE it is legally required to have a local partner (UAE national) for entrepreneurs and SMEs looking to invest in a Mainland company or LLC company for the first time. The local partner should hold…
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