Post# 1606133208

23-Nov-2020 6:06 pm


To open a business in UAE, investors no longer need to hand over 50% of their ownership to an UAE resident in exchange of nothing.
https://www.thenationalnews.com/business/economy/uae-revamps-foreign-ownership-rules-for-commercial-companies-1.1116335

Saudi gives up it's Kafala system and will now allow foreign workers to change job on will and also to return to their country on their will instead of the employer's will, which until now they couldn't.

https://www.bbc.com/news/world-middle-east-54813515

So the middle east is opening up in a positive way, just before its e*d.

23-Nov-2020 6:06 pm

Published
23-Nov-2020