Amid the Crypto Crackdown? BAHRAIN OFFICE Office 2201, 22nd Floor Building 1260, Block 324 Manama / Alfateh Bahrain. Its also important to check the cars condition before you drive off. . Binance is also building its presence in Gulf neighbour the United Arab Emirates. On average its 3 full tanks of gas. In December, Binance also signed a cooperation deal with the Dubai World Trade Centre, which aims to establish an international virtual asset ecosystem and assist the development of crypto regulations in the United Arab Emirates. Changpeng Zhao, cofounder and CEO of Binance. Heres what you need to know: If youre in Bahrain on a visit visa, you can rent a car using your valid UAE driving license. An example of data being processed may be a unique identifier stored in a cookie. FTX Sues to Recover $323 Million Spent in Deal for Swiss Firm, Coinbase Rallies the Most Since Debut After Ripple Ruling, An Arrest, a Ruling, a Rally: Cryptos Wild Day in the Courts. Can bahrain license be used to drive in Dubai? - Quora Drivers who flash their vehicles high-beam headlights usually do so because they want to pass. After this, youll be asked to deposit BD 26.500 to the machine near the information area, or you can pay directly through a card-swiping machine. Hi guys ager ap dubai mein license lena chahty hain to ap yaha ka license bhi dubai mein use kar sakty hain yea bhi meddle East ka ek country hain chota sa a. 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How to get a driving licence in Bahrain | Time Out Bahrain Verify business licences. + 20 AED Knowledge and Innovation fees. At the information counter, present your original documents. These are open every. Binance said the license was the companys first of its kind in the Gulf states. Driving licence-holders of 13 more countries now exempt from - ZAWYA Early last week, Britains financial watchdog said it lacked the powers to access the fitness and propriety of the new beneficial owner of crypto asset custodian Digivault, after its Singapore-based parent company Eqonex entered a strategic partnership with the payments arm of Binance. Instant Licenses are available for the following legal structures: Those applying through outsourced service centers will require: Those applying through E-Services will require: Affiniax can assist you in obtaining your Instant License in Dubai and can advise the best Method and the right activities for your company formation. Today, we will discuss how you can renew your driving license in Bahrain. Updated Mar 15, 2022, 3:28 PM SGT NEW YORK (BLOOMBERG) - Binance has received licences to be a crypto service provider in Dubai and Bahrain, a key milestone for the world's largest digital. The licence permits crypto-asset trading, custodial services and portfolio management, the statement said. Generally, the process of obtaining a UAE mainland trade license can be quite long, depending on the company activity, document preparation time etc. This license represents a crucial step in the process before obtaining a full market product (FMP) license. @HamdanMohammed issues Executive Council Resolution No. This means you can drive rented and private vehicles without additional paperwork or procedures. Roads & Transport Authority - Driving license in Dubai Valid residence visa issued in Dubai. Daybreak Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. New Bitcoin ETFs Now? What is the process of home country licences being converted to UAE licences? Wait for your new driving license to be sent via mail. "The licence from Bahrain is a milestone in our journey to being fully licensed and regulated around the world," said Binance Chief Executive Officer CEO Changpeng Zhao in a joint statement with Bahraini authorities. When choosing a rental company, its important to compare prices, check reviews, and understand the terms and conditions of the rental agreement. Julius Baer is expanding its crypto wealth management services in Dubai, marking the firm's first major digital-assets push beyond the borders of its native Switzerland. Presently, no firm has been granted an FMP license by VARA. Go to the General Directorate of Traffic located at Road 3025, Aali, Kingdom of Bahrain. Binance, which runs the worlds largest cryptocurrency exchange, said on Tuesday it has been granted a license to operate as a crypto asset service provider in Bahrain, strengthening the companys foothold in the Middle East as its trading platform faces mounting scrutiny from financial regulators elsewhere. For heavy truck licenses from the GCC, the driver must be above 25 years old and employed as a heavy truck driver. It can be initiated by visiting accredited driving institutes, a list of which is available on the official RTA website. Once youve completed the eye test and received the stamp of approval, return it to the information counter. How to transfer a driving licence from one emirate to another - Bayut Send the driving license by mail to the applicant. Have a confidential tip for our reporters? See here for a complete list of exchanges and delays. 300 AED driving licence renewal fee. If youre planning to drive in Bahrain with a UAE license, its essential to familiarize yourself with the local driving rules and customs. Cash Trading / professional companies with specific activities require an external approval and are not eligible for Instant Licenses. Its significant to make sure that Driving license translation near me is perfumed with suitable procedure. read more, Dubai, one of the UAE's seven emirates, last week adopted its first law governing virtual assets and established a regulator to oversee the sector. - Quora. The pair of licenses marked the exchanges first regulatory approvals in the Middle East region. Seatbelts are compulsory for the driver and all passengers. Su Zhu and Kyle Davies, for operating and promoting their new OPNX crypto exchange in Dubai without the necessary license. SICO, a regional asset manager and investment bank, projected that the kingdoms real GDP would exceed $34bn (BHD13bn) in 2022 and 2023. Here is all you need to know. Im proud of the hard work of the Binance team to meet the stringent criteria of the Central Bank of Bahrain, not just locally but globally by ensuring that we meet and exceed the requirements of regulators and protect users with strong anti-money laundering and counter-terrorism financing policies.. trades of cryptocurrencies in January alone, according to data provider CryptoCompare. New York Needs Workers. At roundabouts, give right of way to vehicles already inside. You can drive in UAE with a licence from these countries The service applies to individuals who are 18 to 60 years old. The applicant is able to renew the driving license three months prior expiry date Payment Payment Methods: Cash , Credit Card , Debit Card , . Crypto Exchanges FTX, Binance Gain Licenses in Middle East "The license from Bahrain is a milestone in our journey to being fully licensed and regulated around the world," Changpeng Zhao, cofounder and CEO of Binance, said in a statement."I'm . Like most other licenses, however, it needs to be renewed after a certain period. Before anything else, the applicant should prepare: Applicants may renew their driving licenses at the General Directorate of Traffic or at the nearest Post Office. The staff will verify them and provide you with an application form. 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Your portal to find services & government information easily, https://itunes.apple.com/us/app/traffic-services/id628447793?mt=8, https://play.google.com/store/apps/details?id=com.ega.trafficservices#?t=W251bGwsMSwxLDIxMiwiY29tLmVnYS50cmFmZmljc2VydmljZXMiXQ, General Directorate of Traffic, Directorate of Driving Training, Road 3025, Aali, Kingdom of Bahrain, Sunday - Thursday 7:00 AM - 3:00 PM / Saturday 7:00 AM - 1:00 PM, The applicant should not have any pending traffic violations, The applicant is able to renew the driving license three months prior expiry date. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Continue with Recommended Cookies. Having a driving licensein Bahrain comes in handy, especially if you drive a car for work or travel purposes. Fill up the form then submit the documents to RTA officer for their signature. Nothing? The new licence offers eligible companies a wide range of privileges and benefits, including prioritised allocation of land for investments, infrastructure and services, easier access to government services, support and development funds. 200 AED RTA test fees. Optometry form accredited by the health authority in Emirate location. Meanwhile, Binance has been moving quickly to expand its business in other parts of the world. Archived post. I am an Indian national.also wanted to know if there is any benefit of having Bahrain license as my wife doesn't have one now. 3510 HDS Tower, Cluster F Jumeirah Lakes Towers, Dubai, UAE. If youre visiting Bahrain and plan to rent a car, you might wonder, Can I rent a car and drive in Bahrain with a UAE license? The answer is yes, you can. Dubai driving center (Branches & registration offices) 043455855. Expected driving standards are higher perhaps. For more information, please see our The fees for the conversion are Dh410 in Dubai and Dh380 in Abu Dhabi Image Credit: Getty. Dubai: Step-by-step process to convert driving licence issued abroad In like manner, the validity of driving license is 2 years for 21 years old and above. And then the rules changed, when his wife with a Bahrain licence could just 3exchange it in Dubai. (Images via Binance/FTX) Cryptocurrency exchanges FTX and Binance have announced new licenses to operate in Dubai and Bahrain respectively. The Gulf state also signed an integrated industrial partnership with the UAE, Jordan and Egypt, with an investment size of $2bn earlier in February. Make sure to bring your original UAE driving license, CPR, and passport. Meanwhile, Bahrain recently said its economy grew by 4.9 per cent in 2022, the fastest pace recorded in a decade driven by an acceleration in non-oil growth. Once youve gathered all the necessary documents, youre ready to begin the process of converting your UAE license to a Bahraini one. In Dubai, using a mobile phone while driving is considered a serious traffic violation. Heres what you need to know: To begin the process of converting your UAE license to a Bahraini one, youll need to gather the following documents: These documents form the basis of your application and will need to be submitted at the time of application. This service is provided by the General Directorate of Traffic to Individuals requesting to renew an expired driving license. MEDICAL LICENSE IN GCC - Healthcarerecruitment The Swiss private bank . Mar 15, 2022 3 min read Binance CEO Changpeng Zhao (L); FTX CEO Sam Bankman-Fried. I cover successful businesspeople and billionaires in Asia. Why is it so hard to get a driver's license in dubai : r/dubai - Reddit Something went wrong. Crypto exchanges Binance, FTX win licences in Dubai By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Check out our blog to find out if you might be eligible to apply for an instant license in Dubai! Binance got a license to be the first anchor in Dubai World Trade Centre, an economic free zone, a person familiar with the matter said. Regarding the question, Can you drive in Bahrain with a UAE License? the answer is a resounding yes, and you dont even need an international driving permit from UAE. . Simultaneous Interpretation Equipment in UAE, Legal English Translation of Driving License from Certified Legal Translation Company in Dubai. read more. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Saudi Arabia, Qatar, the UAE and Oman have taken steps toward allowing some expatriates permanent residency. For an instant license, you do not need to submit following documents to the Dubai Economy (DED): It is a great opportunity given by the government to invest in Dubai by providing a one year grace period to conduct business. The Instant License is a trade license available to those intending to carry out commercial or professional business activities and can be obtained within minutes. Georgia Tolley. New Bitcoin ETFs Now? The license from Bahrain is a milestone in our journey to being fully licensed and regulated around the world, Changpeng Zhao, cofounder and CEO of Binance, said in a statement. Drive in Bahrain with a UAE License and Conversion Process, Converting UAE License to Bahrain License: Requirements, Step-by-Step Process for License Conversion, Renting a Car in Bahrain with a UAE License, Drive in France with a UAE License and Conversion Process, List of RTA Approved Eye Test Centers in Abu Dhabi, List of RTA Approved Eye Test Centers in Sharjah, Fine for Using Phone While Driving in Dubai, Driving Without License in UAE: Fines and Penalties, A copy of your CPR (Central Population Registry) card, both front and back, A copy of your valid UAE driving license, both front, and back. Numerous car rental companies in Bahrain cater to international visitors. Reddit, Inc. 2023. The Swiss private banks Middle Eastern subsidiary JBME will apply imminently for a digital assets license variation on top of its existing permissions with the Dubai Financial Services Authority, it said in a statement, which would allow the company to arrange and provide advice and custodial services on digital assets like Bitcoin, Ether and other cryptocurrencies. We and our partners use cookies to Store and/or access information on a device. TheyreWaitingOn the Sidelines. 10 popular freelance jobs in the UAE for the self-employed All Rights Reserved. Bahrin Driving License Translationin Dubai, Abu Dhabi, UAE Even with Qatar and Bahrain driving licence, it was difficult for my friend to get a Dubai licence. If you already have a driving. Cookie Notice Binance Wins Crypto License In Bahrain Amid Middle East Expansion - Forbes , The requirements, fees, and procedures may change anytime. Getting your driving license in the UAE | Expatica Most companies require a copy of your valid UAE driving license, passport, and credit card. GCC. UAE; Saudi Arabia; Oman; Bahrain; Kuwait; Qatar; The initiative seeks to bolster domestic employment and attract investments in strategic non-oil sectors including tourism, housing as well as transport and logistics and energy. The applicant must be present below documents to convert driving license into a UAE driving license: Original and valid driving license from other country. These include websites of DEDs in each emirate and National Economic Register. Other advantages include integrated cooperation with various government departments, a designated account manager from Bahrains Economic Development Board as well as a potential review of existing laws or regulations where necessary and applicable. A completed form for replacement of license. 50 AED handbook manual fees. The renewal of driving licenses is handled by the General Directorate of Traffic. Bahrain unveils new 'golden licence' to attract investors With the Instant License, businesses are able to take advantage of the numerous benefits, which include: Any Company whose activities do not require external approval can apply for an Instant License. Verify business licences - The Official Portal of the UAE Government It must be performed with most expertise and accuracy. Details of Trade name, activities, Commercial registry, Partners & managers details. Dubai's recently formed Virtual Asset Regulatory Authority (VARA) granted the Virtual Asset license to Binance Holding Ltd., Additionally, a tenancy contract / Ejari is mandatory for the licence to be issued. Nothing? (Archive Photo) https://t.co/vocy12izig pic.twitter.com/5ny7c4lMFI Dubai Media Office (@DXBMediaOffice) March 31, 2022 Permits and licenses for cyclists and bikers Binance got a license to be the first anchor in Dubai World Trade Centre, an economic free zone, a person familiar with the matter said. Several channels and platforms can be used to get information about a business licence. Get daily business news from the region delivered straight to your inbox, The new licence is part of an economic recovery plan launched by the Gulf state in October 2021 to boost investment and job creation. Procedure. Dubai: If you are a new resident in the UAE and hold a driving licence from your home country, you may be eligible to directly exchange your previous licence for a new UAE licence without. Get an Eye test from certified hospital or clinic by Dubai Health Authority. so was thi king if she should try and get Bahrain license prior to moving to dubai 1 1 Click or drag a file to this area to upload. How to Convert your Driving license to Dubai License Attach the required documents mentioned earlier to your filled-out form and wait for your token number to be called. Therefore, at our Legal Translation office for driving license, we offer professional translation services. ALSO READ:Guide to Traffic Laws & Driving in Bahrain. Binance processed $504 billion worth of spot. Published: Fri 30 Jun 2017, 10:47 PM Last updated: Sun 2 Jul 2017, 10:08 AM Everyone who wants to acquire a UAE driver's licence must undergo training, except if you have a driving experience or. Print the receipt and provide it to the applicant. 2021 MOTIVATE MEDIA GROUP. The office is open every Sunday to Thursday (7 am to 7 pm) and Saturday (7 am to 1 pm). Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Always carry your drivers license with you. The consent submitted will only be used for data processing originating from this website. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Hence, you need to hire, ASTS-DMCC, a Legal Translation Company for Driving license. Wealth firm sees UAE as a key geography for business, Bank offers limited crypto-backed lending to select clients. Debit Card Our Standards: The Thomson Reuters Trust Principles. Subscribe with us to receive the latest updates and awareness promotions on all eservices & channels via the eGovernment WhatsApp service. Don't do the drive if its windy the dust will destroy your car. All quotes delayed a minimum of 15 minutes. The Kingdom of Bahrain launches Golden License to attract large-scale investment projectshttps://t.co/yOTLMfEjIc, Bahrain News Agency (@bna_en) April 3, 2023. How to get an Instant License in Dubai | Affiniax Partners (13) of 2022 regulating the use of bicycles and electric bikes and scooters in #Dubai. The eGovernment National Portal - Kingdom of Bahrain, provides a one-stop shop that facilitates the access to government Information and eServices. Please note that your UAE-issued driving license will be retained and replaced with the Bahrain-issued one. If you are below 21 years then validity would be one year only. Buildings are seen ahead of rush hour traffic on the highway in Dubai in this October 31, 2011, Reuters Images/Jumana El Heloueh. Applicants may renew their driving licenses at the General Directorate of Traffic or at the nearest Post Office. Youll be issued a token at the information counter to see the Licensing Department staff. However, the scenario changes if youre in Bahrain on an employment visa or have applied for permanent residency. If you have valid Bahrain Driving license then you will need following document to have your UAE Driving License. Moreover, were here to help you and guide you how you can get your UAE driving license easily. Thereafter, you may conduct your eye test in RTA-approved eye test. Can bahrain license be used to drive in Dubai? It takes a photograph, a bit of paperwork and a visit to the traffic authority of the emirate you live in . The law, enforced Driving without a license in UAE is not only illegal but also poses a significant risk to Copyright 2020 DriveeUAE. US Plays Catchup on Womens Health with OTC Birth Control, What You Need to Know About Opill, the Birth Control Pill Cleared for OTC Purchase, Philippine Central Bank Wants Lenders to Disclose Climate Assets, Industrial Hub Facing Power Crunch That May Ripple Across China. Kingdom of Bahrain. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. It is not permitted to turn right at a red traffic light. Parking on the road is not permitted except in marked bays. Save my name, email, and website in this browser for the next time I comment. Swiss Bank Julius Baer to Expand Crypto Ambitions With Dubai License Keep on reading to learn how! A live simulcast of Bloomberg Television. The good news is, yes, you can drive in Bahrain with a valid UAE license. You should arrive in Dubai just after Noon just in time to check into a hotel shower change and have something to eat. Under the agreement, Bahrains Alpha Biotech company inked an MoU with Jordans Itqan Pharmaceutical to produce pharmaceutical products. Drive Dubai 048855118. Dubai Driving instructor Zubeida with a Bentley car instructing Nick Webster at the Emirates Driving Institute, Dubai. This package helps you to seek opportunity in GCC, which benefits you in different ways. The steps for both locations are presented below. In case the submitted documents and information are incomplete, the application will be rejected and thus returned to the applicant to complete the missing documents and information. In December it said it was working with Dubai World Trade Centre (DWTC) to help set up an international virtual asset ecosystem there and assist with the development of virtual asset regulations. Golf's Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland. However, if youre a citizen of the Gulf Cooperation Council (GCC) Countries, an expired driving license will be accepted as long as the expiration period is at most 6 months. Submit the required documents and information for checking and verification.