of enabling businesses to overcome obstacles and benefit from a credit facility that would allow them to maintain their competitiveness. Decree No 20 of 2018, issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, is intended to facilitate license renewals by providing a grace period for companies. Error: Macro /ads/dfp-ad-article-new is missing! More from News, general, citizens with regular passports of both countries will be allowed. Business owners can approach any of the DED service centres located throughout Dubai or visit the DED website for more details on the facility. FX transactions take place 24 hours a day and 5 days a week which begins with the opening of the markets in the Asian session and continues until the ending of the US session. DED is extending the facility in co-operation with its strategic partner aafaq Islamic Finance and a number of local banks. Statistics reveal that an estimated.3 trillion worth of currencies change hands daily. The Department of Economic Development (DED) in Dubai has launched a package to make it further easier for businesses to clear fines and renew their licenses. Make profits at market volatility, the currency trading market is the most liquid marketplace in the world. Make sure you save the phone number under Contacts on your phone for uninterrupted service.
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This will add to the financial benefits of the owners of expired business licenses, restore legal records and licenses, and help the business community in Dubai enhance their competitiveness, he said. No amount of money may be deducted from an employee's remuneration. The licensee who requests amicable settlement must not have benefitted from any other exemptions following the first fine issued after. The waiver applies to fines issued before and for fines issued after this date license holders can take advantage of the offer of amicable settlement and payment in instalments. 5.3 trillion daily trade volume, in terms of its trading volume, the foreign exchange market (forex, FX, or currency market) is a global decentralized marketplace and by far the largest financial market in the world.
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