UAE Cabinet nods to final draft of bankruptcy law

Abu Dhabi-Mubasher: The UAE Cabinet approved the final draft of the federal bankruptcy law, according to a tweet from Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

The law aims to "promote our economy’s attractiveness for investments and to facilitate business", he added.

The Cabinet also approved the country's national space policy and investments worth AED 20 billion to explore the space before 2021. It also gave the go ahead for an agreement on air transport services between the UAE and Qatar.

Mubasher Contribution Time: 04-Sep-2016 11:58 (GMT)
Mubasher Last Update Time: 04-Sep-2016 11:58 (GMT)