Start-ups would greatly benefit from reduced official procedures
3 hours ago
Exhibitors and visitors at the Career UAE fair in Dubai. The move will also help existing businesses in cost savings.
Inayat-ur-Rahman, Business Editor
Dubai has announced another major initiative to boost entrepreneurship in the emirate in the direction of ease of doing business, slashing the amount of government procedures to start a business almost by a third.
The business community in the UAE has warmly welcomed this great move, adding that it would further strengthen the business ambiance in the City of Wonders and would draw more local and global investors.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued this directive at an Executive Council meeting attended by Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai and First Deputy Chairman of the Executive Council, along with senior officials.
“We have...read more...