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UAE commercial company law

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.
  • Indian Minister says UAE most popular tourist destination for his countrymen

    The UAE is the most popular destination in the world for Indian tourists, according to figures submitted to Indian Parliament by the Minister of State for External Affairs, V Muraleedharan. The Minister Muraleedharan confirmed that 314,495 Indians left on tourist visas for the UAE in the first quarter of this...
  • UAE to allow 100% foreign ownership of companies

    The move is geared to attract more foreign direct investment to the UAE Cap on shares a company can float on one of the UAE’s stock markets increased from 30% to 70% The United Arab Emirates has amended the Commercial Companies Law allowing foreign investors and entrepreneurs to establish and...