ADAFZ Cuts Business Setup Charges by 65 Percent
HLB HAMT Management Consultancy (HHMC) Team The UAE Airports Free Zone (ADAFZ) has reduced the cost of setting up business in the free zone by more than 65 percent. The cutback in fees is a part of a move that aims towards improved customer satisfaction, enhanced regional competitiveness and new sources of foreign direct investment. The […]
ADNOC, a Valuable Brand
HLB HAMT Management Consultancy (HHMC) Team ADNOC is the 12th largest oil producer in the world, that produces 3.1 million barrels per day. The company plans to grow its oil production capacity by almost 70% by 2030, which will be made possible via the increased use of digitalisation and artificial intelligence in its functioning. ADNOC […]
How to Setup Business in UAE
HLB HAMT Management Consultancy (HHMC) Team UAE is one of the most thriving business environments that promises an ideal spot to establish and flourish your business. The capital of the UAE, is the wealthiest emirate of the country in terms of GDP and per capita income and contributes significantly to the economy of UAE. The […]
ADGM Introduces Commercial License at Dh2,570 for Tech Start-ups
HLB HAMT Management Consultancy (HHMC) Team UAE Global Market has introduced a new commercial license for tech Start-ups, at a nominal cost of Dh2,570. Apart from the operational license, one also gets the option for four residency visas and a registered address. In an initiative to support the region’s ever-growing start-ups, UAE Global Market has also […]
Rental rebates in UAE
HLB HAMT Management Consultancy (HHMC) Team COVID 19 has not just posed challenges to the health conditions of the individuals but has also become a great economic threat to the world. Economic depression has hit hard, and the unemployment rate rose considerably in the past few months. It was at this juncture that the UAE […]
Department of Government Support (DGS) Abu dhabi
HLB HAMT Management Consultancy (HHMC) Team What is DGS and how is it beneficial for potential users? DGS or the Department of Government Support is an initiative by the UAE government to get together all the government entities and to create an opportunity for the private sector to be part of the government practices. The main aim […]
UAE (DoF) Announces Supply chain Financing Initiative of AED 6 Billion
HLB HAMT Management Consultancy (HHMC) Team UAE Department of Finance (DoF) recently announced AED 6 billion supply chain financing initiative, to support small and medium enterprises (SME’s). The first phase of the initiative aims to provide liquidity to the SME’s in the healthcare sector and works in association with the National Health Insurance Company (Dammam) […]
UAE Launches Exciting Initiative for Expatriates
HLB HAMT Management Consultancy (HHMC) Team The capital city of UAE has introduced an initiative to offer citizenship and long-term visas for expatriates. The “Thrive in UAE” initiative aims to welcome more people to the Emirate who can indeed contribute to the economic growth. Department of Culture and Tourism came up with UAE’s five-year Culture […]
UAE roots for a new Innovation hub
HLB HAMT Management Consultancy (HHMC) Team One of the largest operators of purpose-built economic zones in UAE, ZonesCorp, has recently signed a contract with Block 7 Investments (a joint venture of EFIRE Capital Holdings Limited, UAE and Serba Dinamik Holdings Berhad, Malaysia). The agreement will look into the development of Block 7 Innovation Hub at […]
ADNOC Introduces Innovative Program
HLB HAMT Management Consultancy (HHMC) Team The UAE National Oil Company (ADNOC) has announced their innovative implementation to drive efficiencies in their tender process. The program is believed to support ADNOC in its ongoing efforts to enhance its approach for procurement and to maximize ADNOC’s and its community of suppliers and service providers’ value. Terms […]