The president issued a decree that establishes a foreign investment department within the Ministry of Finance. The country is getting ready to open up some sectors to 100% foreign ownership this year.
Browsing: Emirados
The emirate topped the ranking of user input-based website Numbeo for the second year on end. Dubai ranked 11th.
Wadi Wurayah, in the emirate of Fujairah, has been named a Biosphere Reserve by the United Nations Educational, Scientific and Cultural Organization.
The Director of International Offices of the Dubai Chamber of Commerce and Industry, Omar Khan, attended the Global Agribusiness Forum, in São Paulo, and told ANBA that there’s room to boost trade in the sector.
The Arab country has signed an agreement with the Russian Space Agency to send an astronaut into space in the Soyuz spacecraft, to be launched next year.
The opening will be in September, with the brand planning a second store until the end of the year. The Brazilian cosmetics company signed a five-year agreement with Millennial Capital Ltd.
The Brazilian Diaspora will descend on the city from May 23 to 25, representing expatriate communities from about 30 different countries, including Lebanon and the UAE.
According to a study from the Brazilian Exchange Agencies Association, the Arab country was the 18th most sought destination in 2017.

