The Government is planning an overhaul of codes governing small businesses in an effort to aid entrepreneurs in setting up shop, with Dubai the first emirate to reform laws for the sector.
The aim is to streamline the process of setting up a small business in the UAE by cutting back on red tape and reducing start-up costs for entrepreneurs, said Sultan Al Mansouri, the Minister of Economy.
"We see the potential of the UAE being a magnet for all of these businesses, because of the infrastructure we have provided," he said a forum in Dubai.
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