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UAE moves closer to issuing new companies law

March 26, 2014 11:30 am

UAE economy minister, Sultan bin Saeed Al-Mansouri has said the president is expected soon to approve a long-awaited new law covering the operations of companies in the country, a step toward attracting fresh foreign investment, Arab News has reported. “The companies law is with the government to be ratified by the president – we are expecting that soon,” Al-Mansouri said.