Thursday 22 September 2011

gulfnews : New law to regulate economic activity in Dubai

A new law regulating economic activity in Dubai was issued yesterday by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

The 37 articles of Law No 13 of 2011 aim to regulate "economic activities in the emirate to create an environment conducive to boosting investment in Dubai", according to a statement on Shaikh Mohammad's official website.

The Department of Economic Development (DED) will be the body responsible for the regulation of economic activity for all businesses outside the freezones, according to the law.
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