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UAE commercial company law

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.
  • 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...