New Companies Law Soon
The new UAE companies law, that is expected to allow 100 per cent foreign ownership of companies, will come into force in June this year, said a top official.
I am sure that this is completely unconnected with the current DPW imbroglio. Not. One of the more lucid arguments coming out of Merkinland is 'how come an Arab company can buy into our ports, but we can't buy into theirs?'
All good stuff.