A regional and global hub for business, Dubai has entered a new development cycle, transitioning from strong recovery to promising growth. The Emirate's successful Expo 2020 win helped to solidify Dubai's reputation as a leading global investment destination, and the UAE's MSCI upgrade from frontier to emerging market status helped to further bolster this reputation.
The annual The Report: Dubai, produced by global publishing, research and consultancy firm Oxford Business Group (OBG), offers economic intelligence on the Emirate, providing international companies with comprehensive analyses of macroeconomic and sectoral developments. In 2015 Dentons has continued its partnership with the OBG, exploring aspects of the Emirate's legal framework.
Following Sheikh Mohammed bin Rashid Al Maktoum's initiative for Dubai to become the global capital of the Islamic economy, a multi-trillion-dollar industry, Qasim Aslam explores Dubai's evolving vision for Islamic finance. Ibrahim Elsadig continues his review of the UAE government's new initiatives aimed at attracting and enhancing foreign investment, considering the much anticipated revisions to the UAE Commercial Companies Law.
Joby Beretta explores some of the smart moves under the Smart City Initiatives, the government's strategic plan to improve interconnectedness between the private sector and the local government, authorities and individuals. Considering the core objectives of Dubai's Urban Plan 2020, Michael Kerr explores the impact of the announcement that Dubai will host Expo 2020 and signs of a continued recovery in the local real estate market.
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For further reading on the New Commercial Companies Law, click here.
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