The trade name registration process can also be termed as the business name registration with the Economic Department of the United Arab Emirates (UAE). All the commercial entities which are looking to run their business in the region are supposed to go through this process and register their business name for Department of Economic Development…
Credit cards have become extremely popular in recent times and your wallet seems rather incomplete if you are not carrying one. The concept of credit cards is extremely simple; they are just like debit cards but every user has a credit limit that is offered by their bank provider. The funds spent on goods or…
Common medicines such as Panadol, paracetamol, antibiotics, or anti-allergies are just some types that you might often see in medical stores and even in general stores. These medicines, no matter how accessible, still require several approvals from the Ministry of Health and Prevention (MOHAP) prior to its importing, marketing, or selling in the United Arab…
Dubai has finally revealed the much-awaited itinerary list for the upcoming Dubai 2020 Expo, which includes fascinating things such as detecting alien life to having robust music bands perform at the prestigious event. Expo 2020 suffered tremendously due to the COVID-19 pandemic. However, things are back on track and the pandemic is slowly dying out…
In order to maintain a proper financial record of your business, you need a separate bank account to manage its funds. The corporate bank account can be utilized for tracking the money which is to be paid to the creditors, managing cash balance, creating profit and loss statements based on the funds owed to the…
The Dubai Islamic Bank (DIB), as the name suggests, was first established in Dubai by Haj Saeed Bin Ahmed Al Lootah. The basic purpose of this bank creation was to incorporate the principles of Islam and its practices in the banking sector; in the long run, DIB managed to do this successfully and is now…