Guide to Doing Business in the United Arab Emirates
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Al Ghurair Foods Overview Al Ghurair Investment at a Glance
Welcome to Al Ghurair Foods Overview Al Ghurair Investment at a glance Diversified Industrial Group with a presence in over 20 countries on more than 4 continents Core focus on Foods, Construction, Resources and Properties Actively participating in Retail, Printing, Energy and Education sectors Group Sectors Overview Al Ghurair Investment Al Ghurair Al Ghurair Foods Properties Al Ghurair Al Ghurair Construction Resources Al Ghurair Retail Al Ghurair Energy Al Ghurair Al Ghurair Education Printing & Publishing In Dubai, U.A.E, since 1976 Al Ghurair Foods prides itself in serving “ customers in over 25 countries on four continents.” Our State-of-the-art plants are designed to satisfy Al Ghurair Foods produces, grows, you refines, processes, packs and ships more than 5,000,000 tons of food each year. • Retail: Prominent supplier of bulk Our Business volume products and ingredients • B2B: Manufacturers of products on behalf of many major international companies and suppliers of the highest quality ingredients in large volumes • Private Label: Manufacturers of numerous products for some of the world’s largest FMCG businesses through private labels. Al Ghurair Foods Growing from a small flour mill to a technologically advanced, multi product manufacturing enterprise, Al Ghurair Foods market presence has grown to over 20 countries with customer base in 4 continents. Products: Flour Semolina Oats Eggs Animal Feed Where we Operate . Al Ghurair Foods is a global manufacturing enterprise exporting to over 25 countries throughout Asia, the Pacific, Africa, the Middle East & Europe. Dubai’s position as an international logistics and trading hub, coupled with our premium storage, packaging & shipping facilities gives our company a comprehensive distribution network and unrivalled access to world markets. -
Reigniting Growth in Central and Eastern Europe Eastern and Central in Growth Dawn:A New Reigniting
McKinsey Global Institute McKinsey Global Institute A new dawn: ReignitingA new dawn: growth in Central and Eastern Europe December 2013 A new dawn: Reigniting growth in Central and Eastern Europe The McKinsey Global Institute The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey & Company, was established in 1990 to develop a deeper understanding of the evolving global economy. MGI’s mission is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions. MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. Its “micro-to-macro” methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on six themes: productivity and growth; the evolution of global financial markets; the economic impact of technology and innovation; natural resources; the future of work; and urbanisation. Recent reports have assessed job creation, resource productivity, cities of the future, and the impact of the Internet. The partners of McKinsey fund MGI’s research; it is not commissioned by any business, government, or other institution. For further information about MGI and to download reports, please visit www.mckinsey.com/mgi. McKinsey in Central and Eastern Europe McKinsey & Company opened its first offices in Central and Eastern Europe in the early 1990s, soon after the momentous democratic changes in the region. McKinsey played an active role in the region’s economic rebirth, working with governments, nonprofits, and cultural institutions, as well as leading business organisations. -
Maf Sukuk Ltd
BASE PROSPECTUS MAF SUKUK LTD. (incorporated in the Cayman Islands with limited liability) U.S.$1,500,000,000 Trust Certificate Issuance Programme Under the U.S.$1,500,000,000 trust certificate issuance programme described in this Base Prospectus (the "Programme"), MAF Sukuk Ltd. (in its capacities as issuer and as trustee, the "Trustee"), subject to compliance with all applicable laws, regulations and directives, may from time to time issue trust certificates (the "Certificates") in any currency agreed between the Trustee and the relevant Dealer (as defined below). Certificates may only be issued in registered form. The maximum aggregate face amount of all Certificates from time to time outstanding under the Programme will not exceed U.S.$1,500,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. Each Tranche (as defined herein) of Certificates issued under the Programme will be constituted by: (i) an amended and restated master trust deed (the "Master Trust Deed") dated 31 May 2016 entered into between the Trustee, Majid Al Futtaim Properties LLC ("Majid Al Futtaim Properties"), Majid Al Futtaim Holding LLC ("Majid Al Futtaim Holding" or the "Guarantor") and Citibank, N.A., London Branch as delegate of the Trustee (the Delegate, which expression shall include any co-Delegate or any successor) and (ii) a supplemental trust deed (the "Supplemental Trust Deed" and, together with the Master Trust Deed, each a "Trust Deed") in relation to the relevant Series which shall be entered into in respect of the first Tranche of Certificates. -
Understanding Free Trade Zones
Understanding Free Trade Zones CA. Sameer Kashikar ACA, MBA Table of Contents Page Topic No. Free Trade Zone - An Introduction 1 Benefits of Free Trade Zones 2 UAE And Free Trade Zones 3 Jabel Ali Free Zone – A Pioneer 4 List of Free Zones in UAE 5 UAE Free Zones & VAT 7 Free Trade Zone - An Introduction A Free trade Zones (FTZ) also known as Free Economic Zones (FEZ), Free Economic territories (FEts) or Free Zones (FZ) are one or more areas of the Country where tariffs & quotas are eliminated, and bureaucratic requirements are lowered in order to attract companies by floating the incentives for doing business there. Free trade Zones are proved to be an effective & useful tool to develop new markets and to increase earnings from foreign trade. Most of the Free trade zones are located in developing countries. They are special zones where typical trade barriers such as import or export tariffs do not apply, bureaucracy is typically minimized by outsourcing it to FTZ operators. Companies can seek sheltered area best suited to their needs The organizations set up in the Free Trade Zones may be given tax breaks as an additional incentive. Mostly these zones are set up in the underdeveloped part of the country, the rationale that the zones will attract employers and thus economic activities will take place in that area thereby increasing employment and cashflow. 1 Free trade zones in Latin America dates back to the early decade of the 20th century. The first free trade regulations were enacted in 1920 in Argentina and Uruguay. -
Gate Capital Weekend Brief
Issue 482 Gate Capital Weekend Brief 24-30 June 2021 In this issue Alpha Dhabi to list on ADX Bahrain’s Investcorp invests… with… Bahrain-based Investcorp, a leader in Alpha Dhabi to list on ADX with $2.72bn alternative investment products, has paid-in-capital Alpha Dhabi Holding (ADH) announced its intention to proceed with an IPO and invested in Heritage Foods,… Bahrain’s Investcorp invests in Heritage listing of its ordinary… Foods Read more UAE's Mumzworld acquired by Saudi's Trade Arabia Tamer Group Read more 30.06.2021 Arab News Aramco awards East-West Pipeline 25.06.2021 compounds contract Saudi unveils new transport, logistics strategy; eyes $12bn sector revenue Mubadala and Bpifrance sign deal to co- UAE's Mumzworld acquired by Saudi's Tamer Group invest in Africa Saudi-based Tamer Group acquires a majority stake in Mumzworld, the UAE-based Adnoc to Eye Masdar Stake in Abu Dhabi Renewables Deal mother, baby and child… Al Ghurair Investment acquired Dubai- based Edible Oil Company Read more India’s Reliance Said to Invest in Abu Zawya Dhabi Petrochemicals Hub 28.06.2021 GFH acquires FedEx-leased warehouse in Ohio for $100m Australia's Afterpay takes stake in UAE- based firm Postpay Aramco awards East-West Saudi unveils new transport, Pipeline… logistics… UAE’s Shorooq Partners acquires Bahrain’s Autarky Capital Saudi Arabia’s STV leads $27.5m Floward funding Janssen pharma signs deal with Saudi Arabia's Ministry of Investment Sumou Real Estate acquires 10% of Tanal worth SAR 68 mln Saudi mortgage firm buys portion of ANB’s housing finance portfolio iWire raises $34 million Series A round Read more Read more Argaam Trade Arabia 28.06.2021 30.06.2021 Mubadala and Bpifrance sign Adnoc to Eye Masdar Stake in Al Ghurair Investment deal to co-invest… Abu Dhabi Renewables… acquired Dubai-based… Abu Dhabi’s Mubadala Investment Abu Dhabi National Oil Co. -
Allcovered News CONTENTS Information to Help You to Manage and Grow Your Logistics Business
AllCovered HIGHLIGHTS TO HELP YOU THIS WEEK · Are Your High Performers Ready to Quit? · Association Health Plans… Down… Not Out · Cargo Theft Up So Insurance Rates Up NEWS · Cooperate to Cut Shipping Costs COPYRIGHT 2006 Monday, 9 October 2006 --- Edition #509 All Rights Reserved AllCovered-NEWS is sent free via email to all who request it designed to display as html or plain text as your email software requires Allcovered.net – PO Box 1439 – 304 MLK Jr Dr – Fort Valley, GA 31030 USA – Voice: +1.478.825.5566 DETAILED AllCovered News CONTENTS Information to help you to manage and grow your logistics business. THIS WEEK YOU DESERVE IT – WE DELIVER IT Allcovered.net … We have logistics Allcovered SMALL BUSINESS: Allcovered News is a service of Allcovered & the Allen Insurance Group Your Sources For: Cargo – Liability – E&O – Bonds – Trucking – Life – Health - Benefits Are Your High Performers Trouble viewing this? See this & past issues online in PDF format at: Ready to Quit? http://www.allcovered.net/AC-News-PDF.htm AHPs Down But Not Out > > SMALL BUSINESS SECTION < < Do Small Firms Pay Less for Benefits? SMALL BIZ – ARE YOUR HIGH PERFORMERS READY TO QUIT? According to a study by Leadership IQ, 47% of high performers are actively looking TRUCKING: for other jobs (they’re posting and submitting resumes, and even going on interviews). Keep Your While it’s terrible that almost half of high performers are thinking about quitting, Owner – Operators what’s perhaps even worse is that low performers want to stay. Only 18% of low performing employees are actively seeking other jobs, and 25% of middle performers Drivers’ Eyes Open for US are actively looking around. -
DMCC Pdtiproductioon Zone 14
ahesh Goyal & Associates Al Ali Auditing ahesh Management Consultants (Auditors & Business Advisors) Our Company Profile _________________________________________________ 3 About UAE ______________________________________________________________ 5 UAE Profile ______________________________________________________________6 Types of CiCompanies in UAE___________________________________________ 7 Business in UAE________________________________________________________ 9 Free Zones of UAE___________________________________________________ 10 Offshore Companies_________________________________________________ 11 About Dubai__________________________________________________________ 12 Dubai Free Zone______________________________________________________ 13 Sharjah__________________________________________________________________ 19 Abu Dhabi _____________________________________________________________ 20 Ras Al Khaimah ______________________________________________________ 21 Umm‐Al‐Quwain _____________________________________________________ 22 Ajman__________________________________________________________________ 22 Fujairah _______________________________________________________________ 23 Contacts us ____________________________________________________________ 24 Disclaimer: 1) Although the team of M Al Ali Auditing has made every effort to ensure that the information in this book was correct at press time, the team does not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused -
Saudi Arabia
Required Report: Required - Public Distribution Date: March 22, 2021 Report Number: SA2021-0002 Report Name: Grain and Feed Annual Country: Saudi Arabia Post: Riyadh Report Category: Grain and Feed Prepared By: Hussein Mousa Approved By: Mark Ford Report Highlights: Saudi Arabia’s food security strategy is managed by the Saudi Grains Organization (SAGO), and sometime in 2021, they will transfer the barley imports and distribution business back to the private sector. As a result, Post reduced the MY 2020/21 domestic feed barley consumption level by 400,000 metric tons (MT) to 6.8 million metric tons (MMT). Post’s reduction is based on discussions with leading feed processors and analysis of SAGO’s data. Meanwhile, Post estimates MY 2020/21 Saudi wheat consumption to remain at 3.5 MMT based on data provided by Saudi Arabia as well as fewer tourists in the country due to COVID-19. As for corn, the United States was the third largest exporter to Saudi Arabia and exports increased by 40,000 MT. This trend should continue for the rest of the year. SAGO also estimated that Saudi Arabia consumed 1.2 MMT of rice in 2020, and U.S. rice exports were 116,005 MT, an increase of approximately 14 percent from the previous year. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY WHEAT Production Wheat is planted from the end of November to the second week of January in Saudi Arabia. It is delivered to the Saudi Grains Organization (SAGO) from June to October of the next year. -
Sheikh Hazza Bin Zayed Visits ADNOC Distribution Chalet at Dubai Airshow 2015 at SEA
Magazine issued by ADNOC Distribution, 9th issue (January - March) 2016. Sheikh Hazza Bin Zayed Visits ADNOC Distribution Chalet at Dubai Airshow 2015 AT SEA WITH VOYAGER AND OTHER PRODUCTS ON THE ROAD IN THE AIR OPENING LETTER FROM THE CEO On the occasion of the 44th UAE National Day, ADNOC Distribution extended their sincere felicitations to His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, their Highnesses the Rulers of the UAE and members of the Federal Supreme Council, their Highnesses the Crown Princes of the seven emirates of the UAE, and to all the citizens and residents of the country. This year, the UAE National Day was preceded by the UAE Commemoration Day – a day when we express our respect for and deepest gratitude to the UAE’s courageous soldiers for their bravery and sacrifice. Their efforts in defending our country and its sovereignty are a matter of national pride. ADNOC Distribution’s National Day celebrations highlighted the ‘spirit of the union’. A heritage village dedicated to showcasing the UAE’s traditions was set up at the company headquarters where a variety of events were also hosted. Customers and visitors to all our service stations in the UAE were presented with gifts and mementos. In the last quarter, we participated in a series of high-profile events. -
Nominees for the Board of Directors Membership
Contact Ibrahim Al Ghurair www.linkedin.com/in/ibrahim-al- founder - murab'a ghurair-23553328 (LinkedIn) United Arab Emirates www.muraba.ae (Company) Experience murab'a Founder January 2014 - Present Al Ghurair Properties Managing Director August 2012 - December 2013 (1 year 5 months) Dubai Al Ghurair Investment Business Development September 2007 - August 2012 (5 years) Al Ghurair Resources Trader September 1999 - July 2007 (7 years 11 months) Education Boston University Questrom School of Business Bachelor of Science, Business Administration · (1996 - 1999) Page 1 of 1 AHMED ESSA HAREB ALFALAHI DUBAI, UAE [email protected] +971504441421 PROFILE Chief Executive Officer A CEO with a solid back ground and proven track record in various complex industries including Telecom and Oil Tanker shipping industry. Vast experience in greenfield telecom license acquisitions, international consortium formation, complex shipping operations A result oriented professional with 23 years of continuous high level multinational exposure in UAE, Kingdom of Saudi Arabia, Turkey, Pakistan & Egypt. Effective at executing various growth strategies as well as corporate agile transformation and management of change. Experienced at leading multicultural teams and large variety of stakeholders in highly competitive markets. Experienced in board governance with great knowledge of various committee’s responsibilities including Audit, Investment and Remuneration HR committees. Highlights of Expertise Corporate Strategy Implementation Business valuation and analysis JV and consortium creation License and complex contracts negotiations Team building & ethical leadership coaching Refinancing and debt restructuring Raising of capital / equity requirements Board governance experience Business transformation Internal controls and policy implementation External and Internal Audit management PROFESSIONAL EXPERIENCE Gulf Energy Maritime is a leading Oil Tanker Company based in Dubai and considered a market leader due to its high operational and safety standards. -
Download Company Profile
www.united7.ae Office No. 304, 305 RAK Building Al Qusais, PO Box 95887 Dubai United Arab Emirates T +971 4 280 9996 F +971 4 280 9995 www.united7.ae United Seven Constructions We serve the needs of the people and are proud to be part of building a better world. United Seven Constructions Content Content Company Information 8 United Seven in Brief 10 Our Services 15 Our Strategy 15 Our Principles 16 Our Corporate Objectives 19 Our Health & Safety Objectives 20 Our Organization Structure 22 Our Resources 25 Our Affiliates 28 Our Network 36 Company Experience 46 Projects Overview 48 United Seven Constructions Company Information Company Information United Seven has both public and private sector clients and is comprised of well-coordinated, highly professional teams of builders located across the United Arab Emirates. 8 9 United Seven Constructions Company Information United Seven in brief The joint turnover of the United Seven Constructions LLC is a member of the United Seven Constructions LLC was established in 2007 by Al Ghurair Group and is one of the leading construction the founder of the company Mr. Saif Al Ghurair in collaboration companies in the United Arab Emirates with expertise in with Al Ghurair Investments and ETA ASCON conglomerate. construction development of commercial, residential and It has been their vision to have all related services in promoters is in excess infrastructure projects. United Seven has both public and construction under one roof and the inception of United Seven private sector clients and is comprised of well-coordinated, is the fulfillment of this vision. -
Trade Information Brief &
d i A d s i u A s A u A & trade information brief & s s p p i i T T SADC SADC * Trade * Trade cut flowers & foliage t f e w Participation in international trade has become one of the most important factors in increasing the prosperity of countries. Yet for many developing countries, perhaps particularly for those in Sub-Saharan Africa (SSA), trade is viewed primarily from a defen- sive perspective, with a focus on the disruptive effects of imports rather than on the opportunities presented by increased access to world markets. A key reason is the existence of information market gaps that are often associated with trade facilitation and development in developing countries – information on the export pperformance and potential of many developing countries remains incomplete. The TRADE INFORMatiON SERVICE series of market briefs aims to contribute to bridging this information gap for existing producers in the Southern African Development Community (SADC) who may not have the financial resources to generate a fully fledged market research process. The briefs are not in- tended to act as the detailed export market intelligence that `successful exporting requires, but rather as a basic first-cut analysis of export prospects, to allow enterprises to make the de- cision on whether to initiate further market research. Each Trade Information Brief will cover a product cluster of partic- ular interest to members of SADC. The cluster may represent an existing key set of export products with potential for expansion, or a relatively new set where there is an indication of competitive advantage for the region.