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Plan To Scrap Mandatory Business Sponsorship

Source: Zawya Regional

Dubai : United Arab Emirates | 5 months ago

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Establishing a new company in Dubai may no longer require a mandatory UAE sponsor if the government approves a recommendation to this effect, which is currently under study, said a top Dubai Chamber official. Hamad Buamim, Director-General of Dubai Chamber, said the proposal has been with the Executive...

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News Stories

UAE: April sees improvement in business performance

News Source: Zawya Political | 5 months ago

The local market is now starting to show signs of recovery and may be on its way to revival beginning the second half of this year. Combined with a decreasing inflation rate of about four per cent and the easing credit market, it will subsequently...
Plan To Scrap Mandatory Business Sponsorship

News Source: Zawya Regional | 5 months ago

Establishing a new company in Dubai may no longer require a mandatory UAE sponsor if the government approves a recommendation to this effect, which is currently under study, said a top Dubai Chamber official. Hamad Buamim, Director-General of Dubai...
UAE economy to start recovering next month on government support

News Source: Gulfnews.com | 5 months ago

He believes that the government's liquidity injection is a step forward that will help the economy to recover by 2010. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, recently...
Dubai contributes more than 30% of the UAE economy

News Source: Gulfnews.com | 5 months ago

He noted that in terms of growth performance, while Dubai performed better than Abu Dhabi in 2007, the downturn in Dubai's real estate and construction sectors is expected to lead to a weakening of Dubai's output this year compared to that of Abu...