Investment is attracted to destinations where it is easy to do business and there is a clear regulatory environment. This is why it is important that Dubai has consolidated its business regulations into a single piece of legislation that makes it faster and easier for companies to invest in the emirate. The legislation provides for a one-stop service centre where companies can get all the necessary licences from the relevant government departments and for the promotion of investment opportunities in Dubai, among other things. Internationally, these are proven ways of boosting investment.
In terms of the legislation, the Department of Economic Development will be responsible for the regulation of all business activity outside the free zones. The law was issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Dubai has many advantages as it strengthens its position as a regional and international business and financial centre. These include a good geographic location, cutting-edge transport and logistical infrastructure and a stable society focused on making economic progress. * username: rupertbu
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