Oct 26, 2014

Arabcom Group Hosts the 14th MENA Forex Managed Funds & Investment Show, 12-13 February 2015 Dubai


The MENA 14th Forex, Managed funds, and Investment opportunities show, provides excellent opportunity for Financial companies and Brokers to meet New potential Institutional and individual investors from the Region
New Attractions for investors at the show in February :
Fashion TV live show in Exhibition area
Live FX championship competition
Private Investors Seminar ( on demand ) running in parallel to the event
Complimentary Food & Beverage stations for visitors and Exhibitors all day running
Your Early reservation as a Sponsor exhibitor will:
Maximum exposure,
Successful planned participation,
Online Branding and online Exposure,
Long period of Media coverage and media marketing,
Information to investors via Targeted e-mail invitations,
Pre show networking and access with participants registering online,
The open possibilities of organizing a private seminar before during or after the event in the same hotel location, and of course

http://www.meforexexpo.com/

May 5, 2014

No hike in minimum salary for family visa: GDRFA's Al Marri

The news in some English language newspapers claiming an increase in the minimum salary requirement for sponsoring family members, has been denied by Major General Mohammed Ahmad Al Marri, the Director of General of the Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai. 

He assured in a press statement that there are not any new restrictions and the directorates and all its branches are still receiving and processing applications smoothly.

Any amendments of the rules should have been issued officially in a statement by the Ministry of Interior prior to implementation in Dubai and the rest emirates at the same time, he clarified.

He stressed the importance of getting news from official and credible sources to foster professionalism that local newspapers enjoy.

“Our departments are characterized with high level of transparency in every matter that concerns clients. And, this is our methodology and approach in the General Directorate of Residency and Foreigners Affairs in Dubai,” he added.
Conditons for sponsorship
Article No. 31 regarding sponsorship of the wife by an expatriate husband sets the following conditions:

1.    The sponsor should have a valid work/ residence visa.

2.    He should submit a marriage contract attested as per the rules in his home country and the consulate that represents his country overseas or by the embassy of the country that had issued the marriage contract in the country in addition to  attestation by the Ministry of Foreign Affairs.

3.    The monthly income of the sponsor should not be less than Dh3,000 plus accommodation offered by the employer and Dh4,000 without accommodation.

4.    The sponsor should submit a salary certificate attested by the authorities concerned.

5.   The same rules are applicable for expatriate women ‘specialist’ employees seeking to sponsor their family members.

6.   The following categories are exempted from the salary provision and they can sponsor only their family members:

Teachers

Mosque imams

Drivers of school, college and university buses.

Heads of families can sponsor unmarried daughters and sons below 18 years or those studying in colleges and universities in the UAE..     

Universities and colleges can sponsor their students provided:

1.    The student should register for regular study and not affiliation.

2.   The sponsoring educational institution should undertake responsibility about the student’s sponsorship and his exit from the UAE after finishing his studies. The institution should also inform the authorities when the student finishes studies or leaves the country.

3. Government departments and authorities should directly apply to obtain sponsorship for foreigners who are offered training provided.

a)    The department should be a public entity.

b)    The trainee should have deputed by an official entity in his home country.     
c)    The department that offers the training should comply with its responsibility of the departure of the sponsored person after finishing training and cancellation of his residency visa.

Apr 28, 2014

UAE tops Arab countries for visa-free travel


Abu Dhabi: The UAE will top Arab countries for visa-free travel and enter the top 40 internationally when formalities are completed for Emiratis to enjoy visa-free access to the Schengen states, according to the travel restriction index.
The European Parliament has recently voted overwhelmingly to allow visa-free travel for UAE citizens to countries in the Schengen area.
The EU’s endorsement of the visa waiver status for UAE citizens will start with the setting up of a joint working team of the UAE and EU, which will implement the decision as soon as possible, WAM reported.
A new ruling by the UAE Ministry of Foreign Affairs yesterday exempted citizens of 13 European countries from a pre-entry visa to the UAE, bringing up the number of exempt countries to 47.
With citizens of the other 15 European member states already being exempt, the announcement means that all citizens of the European Union holding an ordinary passport will be allowed to enter the UAE without having to previously apply for a visa. The ruling comes into effect from March 22.
Once the UAE is fully granted visa-free access to the Schengen countries, its citizens will enjoy visa-free travel to more than 100 countries around the world.
Kuwait, which currently enjoys visa-free access to 77 countries, will come second in the Arab world, to be followed by Qatar in third place, with access to 71 countries, Bahrain in fourth place with access to 69, Saudi Arabia in fifth with access to 64 countries and Oman in sixth place with access to 63 countries, according to the global ranking index compiled every year since 2006 by Henley & Partners, the international residence and citizenship consultancy.
Speaking in Berlin on the sidelines of ITB 2014, the world’s largest tourism trade fair, Helal Saeed Al Merri, Director-General of Dubai’s Department of Tourism and Commerce Marketing (DTCM), said: “This is a very positive announcement from the UAE Ministry of Foreign Affairs and one which will have a significant impact on the attractiveness of UAE as a destination for tourists from the 13 countries included today in the exemption. European countries have traditionally featured prominently in our top 20 source markets for visitors and the lifting of visa restrictions provides for easier travel arrangements from across the continent.”
The 13 countries that come under the new exemption are Poland, Slovenia, Slovakia, Czech Republic, Lithuania, Hungary, Latvia, Estonia, Malta, Cyprus, Croatia, Romania and Bulgaria.
At present, the citizens of 34 countries including the United States, Canada and 15 European countries enjoy visa-free access to the UAE.

UAE’s first legal VoIP


DUBAI: Cheap calls to India, Pakistan and other Asian countries, using voice over internet Protocol (VoIP) are being peddled in Dubai for as low as 40 fils per minute by a company.
Five sells Dh20 and Dh50 international VoIP cards and is distributing leaflets about the service in Dubai. It also has a toll-free number with a call centre in Ajman to handle customer queries.
Five also offers cheap calls to other Asian countries including Nepal, Sri Lanka and Bangladesh for 60 fils to 80 fils per minute and to the Philippines for 95 fils per minute.
An Indian call centre staff of Five said their cards are available in Lulu supermarkets and even some etisalat business centres.
The agent claims they have the green light from UAE authorities and their staff attend to customers from a call centre based in Ajman.
The unbranded VoIP call cards are similar to phone credit scratch cards and come with a PIN number.
“It’s really simple and easy to use,” said the agent.
An etisalat spokesperson has neither confirmed nor denied its links to “Five”. Industry officials, however, said the generic VoIP service was never formally announced, but is licensed in the UAE.
A spokesperson for du, the UAE’s second licensed telecom operator, said: “I can confirm to you that this is not our product.”
VoIP has been in place for at least a decade across the globe, but the UAE has been late in harnessing it due to restrictions.
In March 2010, etisalat launched its first legal VoIP solution. The service was limited to business customers, allowing enterprises to outsource the management of their telephone network.
At Gitex in October 2011, etisalat launched its ePlus app, which allows subscribers to make calls via VoIP, and access social media, internet messenger, as well as the latest music, games and apps.