Economics

Mövenpick Hotels & Resorts Jordan partake in A Kilo of kindness campaign to help needy families in the Kingdom

Amman, Jordan, 12, September 2019 – For the sixth year in a row Mövenpick Hotels & Resorts-Jordan partner with Bank of Clothes operated by “The Jordan Hashemite Charity Organization for Relief & Development taking part in the annual “A Kilo of Kindness” initiative to support the local Jordanian community.  The initiative coincides with the International Charity Day celebration at Mövenpick...

Setting up a business: 6 life-changing tips for entrepreneurs

Starting a business in UAE—and running it—requires hard work, perseverance, and a whole lot of help from experts. Yes, whether you like it or not, you will need advice from people who have been in the trade long before you, so you don’t fall into the uncertainty trap.   We have compiled six life-changing tips that can help you, as an entrepreneur, in your journey to successful...

Zara Spa – Dead Sea Wins the World Luxury Spa Award

Jordan –18, August 2019 Mövenpick Resort Dead Sea has announced the winning of Zara Spa with two prestigious awards in the categories "Luxury Resort Spa" and "Luxury Hammam Experience in the Middle East & North Africa" ​​by the World Luxury Spa Awards 2019. The two awards received are among the most luxury International awards for resorts that are distinguished by its exceptional tourism and...

مجموعة أكور تعزز تواجدها في الأردن مع افتتاح فندق موڤنبيك عمان

  بهذا الافتتاح في العاصمة عمان، تفخر أكور باضافةالمنشأة التاسعة لها في المملكة عمان، الأردن – 15 تموز 2019. عززت مجموعة أكور، العالمية والمتميزة في عالم الضيافة، وجودها في الأردن من خلال افتتاحها لفندق موڤنبيك عمان اليوم، وهو الفندق التاسع التابع للمجموعة في الأردن.   ويندرج هذا الافتتاح ضمن خطة التوسعة والتطوير التي تقوم بها المجموعة والتي تكللت بضم فندق مكون من 218 غرفة في منطقة حيوية في...

Valtrans Promotes Sustainability

Dubai, 13 June 2019: Valtrans started the Green initiative in 2014, providing major breakthroughs in the parking industry. The aim is to embrace technology by becoming paperless, reducing carbon emissions and developing an environmental sustainability culture. The latest initiatives and products like Green Valet Parking and PARKONIC reduces the carbon footprint that traditional systems leave...

NordicNinja VC made a new investment into FLEXOUND - The Augmented Audio Company

  HELSINKI, FINLAND: Today, it was announced that the newly established venture capital firm, NordicNinja VC, has made an investment into Finnish FLEXOUND - The Augmented Audio Company.  The company provides FLEXOUND Augmented Audio™ that adds the sense of touch to audio-visual listening experience — be it music, games, television, streaming or movies. Its proprietary technologies combine...

Sami Ounalli puts on his Resort Manager hat at Mövenpick Resort & Spa Tala Bay Aqaba.

Sami Ounalli brings 20 years’ experience to Tala Bay as Mövenpick’s new Resort Manager. Aqaba, Jordan – 17 April 2019. Mövenpick Resort & Spa Tala Bay Aqaba is pleased to welcome Sami Ounalli as new Resort Manager. The passionate Tunisian hotelier gained his in-depth tourism, hospitality and leadership experience over the last 20 years at hotels and travel agencies throughout the Middle East and...

CanAm Enterprises Announces the 37th EB-5 Partnership Loan Repayment

The $40 million EB-5 loan through CanAm’s New York Metropolitan Regional Center helped fund the first phase of construction of the Gulfport Marine Terminal. Subsequent phases of the construction project are well underway with nearly 2 million square feet of industrial logistics center space completed. The construction of the Gulfport Marine Terminal has created 1,671 jobs within the geographic...

Cryptocurrency extinction. What projects will survive and continue their development?

Summing up the results of 2018, it can be said with confidence that the hype surrounding the cryptocurrency market, from the peak at the end of 2017, has finally ended. That depressing picture that we now see - is the real condition of the market: many ICO projects either deceived their investors or have already spent invested money and need additional funding; many projects failed their given...

Challenging Tax Assessments With No Committees Formed

By: Dr Abdul Wahab Abdool, Senior Partner Mahmoud Abuwasel, Partner

إطلاق مجوهرات أميرة لمجموعة مجوهرات اليوم الوطني خلال حفل إفتتاح معرض أبوظبي

  كشفت مجوهرات أميرة عن مجموعتها الحصرية والمحدودة " الإتحاد" ، وهي مجموعة مميزة من المجوهرات ذات التصاميم يدوية والمخصصة للاحتفال بالعيد الوطني ال47 لدولة الإمارات العربية المتحدة ، وذلك خلال الحفل الحصري الذي أقامته بمناسبة افتتاح معرضها في مركز المارينا في أبوظبي.     حضر الحفل لفيف من كبار المشاهير والمؤثرين في دولة الإمارات العربية المتحدة، وتم الكشف عن المجموعة تحت إشراف الممثلة...

Amira announces National Day collection at Abu Dhabi Launc

UAE’s bespoke jewellery brand, Amira, unveiled their limited edition “Unity” collection during the exclusive event held at their outlet in Marina Mall, Abu Dhabi. The handcrafted, unique designs of the collection pay tribute to the nation leading up to the 47th National Day celebrations. During an event attended by UAE’s leading celebrities and influencers, the collection that was maintained...

Amira launches exclusive Unity Collection for 47th UAE National Day

On the occasion of UAE’s 47th National Day, home grown brand Amira Jewels launches, in the spirit of the union, the exclusive, limited edition “Unity” collection celebrating and honoring the glory of the nation. The Unity collection consists of three handcrafted, one-of-a-kind designs, each reflective of a unique characteristic that defines the UAE but all a tribute to the bond that connects the...

Amira launches exclusive Unity Collection for 47th UAE National Day

On the occasion of UAE’s 47th National Day, home grown brand Amira Jewels launches, in the spirit of the union, the exclusive, limited edition “Unity” collection celebrating and honouring the glory of the nation. The Unity collection consists of three handcrafted, one-of-a-kind designs, each reflective of a unique characteristic that defines the UAE but all a tribute to the bond that connects...

فض المنازعات في قانون الإستثمار الأجنبى المباشر

By Bin Nakhira Partners  د. فيرناندو أورتيغا , عز الدين عثمان  

Dismissal of an LLC Director

Limited liability companies are managed by one or more director as determined by the partners in a company’s articles of association. The director(s) could be partners or third parties. If a particular director is not appointed/stated in company’s articles of association, he could be appointed during a General Assembly. A director generally has all powers required to manage and bind the...

Finablr acquires majority stake in digital gifting platform Swych

Swych is now part of Finablr’s platform Deal strengthens opportunities for partnerships and growth in the digital gifting industry   Abu Dhabi, UAE and Plano, TX; November 12, 2018 – Finablr, a global platform for Payments and Foreign Exchange solutions, has increased its stake in Swych, a digital gifting platform, with a follow-on Series B investment to become a majority shareholder. With...

Real Estate Register Law: Supreme Legislation Committee’s Explanatory Note on Article 11 – Part 3 of 3

In Part 1 and Part 2 of this series, we discussed the development of the Law No. 13/2008, its amendments and interpretations up until the promulgation of Law No. 19/2017, we turn in this episode to the judicial application of Article 11 prior to commenting on the interpretation. Judicial Application: As elaborated on in the explanatory note, the jurisprudence in the interpretation and...

Real Estate Register Law: Supreme Legislation Committee’s Explanatory Note on Article 11 – Part 2 of 3

As we proceed into Part 2 of this series, it is necessary to elaborate on the Supreme Legislation Committee, the entity that issued the explanatory note. The Supreme Legislation Committee in the Emirate of Dubai is a committee established by Decree No. 23/2014 issued by His Highness the Ruler of Dubai on 9/6/2014. The Decree stipulates in Article 2(2): “The Supreme Legislation Committee will...