UAE - Mubasher: Dubai's Crown Prince and Chairman of The Executive Council of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has issued directives to cut government procedures for doing business by 30% in the next three months.
These directives aim to reduce the cost of doing business, foster Dubai's economic growth, and enable the emirate to strengthen its position as a global investment and business destination, according to a recent press release.
This step complements the ‘Invest in Dubai’ platform, launched in February by Sheikh Mohammed bin Rashid Al Maktoum, to help investors to obtain trade licences and launch their business in a few minutes without visiting any service centre.
Sheikh Hamdan commented: "Normal life has resumed and the increased stability of businesses will help raise the sustainability of Dubai’s economy. We are determined to further support businesses and deepen the confidence of investors as part of ensuring a win-win partnership."
