Friday 13 September 2013

Saudis raise stakes in UAE ventures | Arab News

Saudis raise stakes in UAE ventures | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.:

"Saudi nationals received the highest rates of licenses to do business in the UAE last year, local media said, citing a report released by the UAE Ministry of Finance.
It said Saudi received 43.2 percent of the total licenses granted to GCC nationals.
According to the report, property ownership in Dubai by Saudi and GCC nationals registered a considerable growth. The number of Saudi-owned properties alone stood at 30,094 in the UAE by the end of 2012."

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