Wkhb Inter-Bank Market Rupee weakens against dollar
DUBAI:Foreigners opening a company in the United Arab Emirates no longer need an Emirati shareholder or agent under changes to
new balance 990 UAE company law, state news agency WAM reported on Monday.Until now companies in the UAE had needed a certain shareholding to be held by Emirati nationals, or an Emirati agent, depending on what type of company it was. ldquo The amendments allow foreign entrepreneurs and investors to fully establish and own companies without any nationality requirements, rdquo WAM said. ldquo The condition requiring a foreign company wishing to open a branch in the country to have an agent from amon
adidas gazelle hellblau g the country rsquo s citizens has also been cancelled, rdquo it added.The UAE approved a new foreign investment law in 2018 that would allow foreigners to own up to 100% o
nike af1 white f some businesses and foreigners could already own up to 100% of those registered in designated business parks known as ldquo free zones rdquo .As an oil and gas producer, the UAE economy has been hit by the cor Sqyf Ministers mull legal aspects of moving ICJ on IOK
RAHIM YAR KHAN:Undeterred by raids conducted by the district administration which has arrested dozens of profiteers during crackdowns, prices o
airforce f essential commodities continue to soar.Prices of many essential commodities, including pulses, sugar, vegetables, rice, fruits etc have skyrocketed in city s open market that has affected the buying capacity of the consumers.The government holds meetings with stakeholders each year ahead of the holy month of Ramazan, without assessin
nike jordan g the local production of various crops, demand and supply gap, import and export of commodities, etc. As a result, rates are fixed on the higher side on the pressure of market players. For the past few years, the government has been issuing monthly wholesale and retail prices which do not match with the rates prevailing in the market.Many retailers display official price lists to avoid f
nike dunk sb ines on random checking by officials, but they literally ignore lists and resort to overcharging.To make matters worse, hoarders