Tag Archives | united arab emirates

AbuDhabi CGI Sowwah Square by night

Abu Dhabi’s New Financial Center Competes With Dubai

The United Arab Emirates already boasts two airlines, two major international airports, three stock markets and two tourism hubs trying to attract wealthy holidaymakers. Now it seems the Arab Gulf country (population 7.9 million) will soon have two offshore financial centers – Abu Dhabi and Dubai. A brief decree issued two months ago – but […]

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China to Aid Saudi Arabia in Nuclear Power Development

Ever since the end of World War Two, the U.S. has come to regard Saudi Arabia as almost its exclusive oil producing enclave. In February 1945, after the Yalta Conference with Soviet General Secretary Iosif Stalin and British Prime Minister Winston Churchill, on his way home U.S. President Franklin Delano Roosevelt and King Ibn Saud […]

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Ras Al Khaimah Offshore Tax Haven in UAE

Investors looking for a new tax haven will now have a second option in the UAE with the launch of new offshore facility by the government of Ras Al Khaimah. The initiative, called ‘International Companies Registry’, will allow foreign investors to register offshore companies in the Ras Al Khaimah Free Trade Zone without the need […]

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