The news on Sunday from the Cabinet that there is to be sweeping changes to visa and residency rules as well as that 100 per cent foreign ownership of businesses will no longer be confined just to free zones, is expected to have a far reaching impact on the country and the economy as a whole.
Co-hosts Mustafa Alrawi and Chris Nelson dissect the ins and outs of this seismic development. Listen below, and subscribe to the Business Extra podcast for free on Apple Podcasts here.
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[ End of 51 per cent Emirati ownership rule 'will greatly spur foreign investment' ]