His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, says the UAE has an attractive and flexible business environment and a stable investment climate ensuring sustainable growth, supported by advanced legislation.
Sheikh Nahyan explained the legislation's in line with the country’s aspirations for the next 50 years, as part of the "Projects of the 50" covering investment, foreign direct investment and business practices.
His Highness added it has empowered the UAE to become an international hub for trade, investment and capital.
Sheikh Nahyan made the comments while meeting Zaki Azmi, Chief Justice of the Dubai International Financial Centre Courts (DIFC Courts), who was accompanied by Omar Juma Al Muhairi, Director of the DIFC Courts, at Expo 2020 Dubai.
During their talks, Sheikh Nahyan lauded the achievements of DIFC Courts in solving financial disputes according to advanced procedures, to ensure the rights of companies and protect their capital.
Dubai Customs said on Sunday a trade corridor launched with Oman earlier this year has processed nearly AED8 billion worth of goods in a single month as regional shipping disruptions continue to affect supply chains.
French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal, the companies said on Thursday.
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
Dubai Taxi Company (DTC) has announced a major expansion deal, signing an agreement to acquire National Taxi, one of the UAE’s established taxi operators, in a transaction valued at AED 1.45 billion.
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
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