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.
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).