Friday, February 10, 2023
Dubai’s Department of Economy and Tourism now boasts of three new entities which were set up by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai by issuing Laws No. (5), (6) and (7) of 2023.
The three subsidiaries at Dubai’s Department of Economy and Tourism are: Dubai Commercial Registration and Licensing Corporation, Dubai Economic Development Corporation and Dubai Consumer Protection and Fairtrade Corporation.
These new subsidiaries will ‘enhance key economic growth drivers’ such as ‘business attractiveness, development initiatives, ease of doing business, consumer protection and sectoral governance’.
According to a tweet by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, “It is a new step that supports our approaches to provide the best business environment in the world in our quest to achieve all the objectives of the Dubai Economic Agenda D33.”
Together with Dubai Corporation for Consumer Protection and Fair Trade, the three will work to ‘enhance sustainable economic growth and Dubai’s attractiveness as a global fair-trade destination’.
The new organisations aim to support enterprises in Dubai at key stages of the business lifecycle, and make ‘Dubai the world’s best city to live and work’.
Sheikh Hamdan said, “We are working to raise Dubai’s status as a preferred destination for global companies, investment and talent by investing in human development and advanced technology, raising the city’s global competitiveness and innovation capabilities, reinforcing its knowledge-based economy and building on the advantages gained from the city’s strategic location and advanced infrastructure.”
Friday, April 26, 2024
Friday, April 26, 2024
