Astrea Mideast DMCC won the trophy of the Best Entry Consultancy 2018. As part of the international SVA Group, Astrea is one of the top players company in UAE for business management and consulting, according to the MEA Markets Magazine. MEA Markets Magazine provides you with the latest news, deals and developments across the…
100% company ownership from Q4 2018?
No more restriction for a foreign company ownership, according to the rules. For many years, a restriction precluded foreign investors from owning more than 49% shareholdings in UAE companies, with 51% ownership given to Nationals. This means that foreign companies can only operate in the UAE by partnering with a local entity unless they are…
The Tower: Dubai begins construction of the world’s tallest building
The first foundation stone of the new structure known as The Tower was laid out by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum at Dubai Creek Harbour this week, the government’s media office reports. The new building will surpass Dubai’s 828m (2,716 ft)-high Burj Khalifa, currently the world’s tallest building and is designed by Spanish-Swiss…
Dubai Holding launched a SmartCity concept project in South Korea
Dubai Holding has launched a SmartCity concept project in South Korea which will cover an area of 51 million sq ft, and will be located between the two metropolitan cities of Seoul and Incheon. The project was launched in the presence of Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, and chairman…
New strategy to shape UAE’s future presented by Sheikh Mohammed
Healthcare, education, the environment and social development have been prioritised in a new national strategy launched to take the UAE forward. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Wednesday this UAE Strategy for the Future. A comprehensive roadmap that will take the…