Media ININ Economy We Trust
MEDIA IN – Abu Dhabi 21 May 2018 / WAM /
Sultan bin Saeed Al Mansouri, Minister of Economy, said that the decisions of the Council of Ministers to raise the percentage of global investors’ ownership of companies to 100% and to launch an integrated system of state visas aimed at attracting talent is a very important pioneering step that strengthens the pace towards realizing the objectives of the National Agenda 2021, The UAE’s future development march is aligned with the UAE 2071 percentage points due to its prominent role in enhancing the UAE’s competitiveness in attracting international investments.
He added that these decisions reflect the wise vision that we have always assumed under our wise leadership, which continues to lead the UAE from achievement to achievement. It also underscores the UAE government’s recognition of the current changes and anticipating future trends.
Al Mansoori pointed out that the new 100% ownership system for global investors will highlight the name of the UAE on the global investment map and that a number of new international names will join the group of major companies with branches and branches in the country. Foreign direct investment to higher levels, particularly specific investments, and thus stimulate trade and increase the number of enterprises and companies, which has a significant role in the prosperity of the business environment and the growth of the national economy.
He pointed out that the investment advantages possessed by the UAE are attractive and multiple, both in terms of geographical location, political and security stability, social and cultural openness, effective economic policies, investor-friendly legislation, advanced infrastructure, high-efficiency services and global leadership in a number of sectors, Trade, aviation, ports, logistics and others.
