His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, says the UAE has an attractive and flexible business environment and a stable investment climate ensuring sustainable growth, supported by advanced legislation.
Sheikh Nahyan explained the legislation's in line with the country’s aspirations for the next 50 years, as part of the "Projects of the 50" covering investment, foreign direct investment and business practices.
His Highness added it has empowered the UAE to become an international hub for trade, investment and capital.
Sheikh Nahyan made the comments while meeting Zaki Azmi, Chief Justice of the Dubai International Financial Centre Courts (DIFC Courts), who was accompanied by Omar Juma Al Muhairi, Director of the DIFC Courts, at Expo 2020 Dubai.
During their talks, Sheikh Nahyan lauded the achievements of DIFC Courts in solving financial disputes according to advanced procedures, to ensure the rights of companies and protect their capital.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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