Sunday 3 November 2013

UAE business-friendly approach pays dividends | GulfNews.com

UAE business-friendly approach pays dividends | GulfNews.com:

"Most of the GCC states need to streamline their policies to make them business-friendly. This much can be inferred from the recently released Doing Business 2014 report, produced by the World Bank and the International Finance Corporation and in its 11th edition,
The reviewed economies, numbering 189 and up by four compared with the earlier report, are ranked on results achieved in 10 areas. The variables relate to starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.
The report provides quantitative comparisons on business regulations and protection of property rights with regards to small and medium enterprises, considered a key resource for new employment opportunities in many parts of the world."

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