Sunday 4 December 2011

gulfnews : UAE Cabinet approves draft law on companies

The Cabinet on Sunday approved the new draft law on companies, which aims to enhance the flexibility and strength of the national economy, and keeping abreast with global economic changes by preserving a continuous and balanced growth in all economic sectors in the UAE.

The law was approved during a Cabinet meeting chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, was present.

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