UAE Golden Gambit to Counter Saudi Bid for Business Leadership
Arabian Post Special The United Arab Emirates’ (UAE) proposed introduction of 10-year “golden licenses” for businesses is a strategic move amidst a heating up competition with Saudi Arabia to become the preeminent business hub in the Middle East. While the UAE has long enjoyed a reputation for attracting foreign investment, the recent reforms undertaken by its ambitious neighbor necessitate a proactive response. The context for this competition […]