UK delegation visits DED to review Dubai's business environment

Headed by Elizabeth Fehnrich, International Trade Advisor at the UK Trade and Investment; and Victoria Cox, Commercial Attaché at the UAE British Embassy, the delegation is touring Dubai and Qatar to evalute investment and business opportunites in the region.

The team reviewed the procedures and regulations necessary for setting up businesses and the DED's role in enhancing the growth of Dubai's business sector. The delegation was introduced to the services provided by DED and the department's relations with other government bodies in boosting the emirate's economy.

Mr. Ali Ibrahim, Deputy Director General for Executive Affairs at DED, who received the delegation, highlighted the role of Dubai as the engine of growth and economic development in the Middle East region due to the initiatives it undertakes to consolidate its position as a financial and business hub.

"One of the strategic objectives of DED is to provide a suitable environment for international investors and business people and encourage them to choose Dubai as an ideal destination for businesses. The department reviews procedures and systems to simplify the steps for doing business and provide suitable grounds for investment," said Mr. Ali Ibrahim.

Mr. Ali observed that according to the 'Dubai in World Competitiveness Report 2005', published jointly by the DED and the Switzerland-based International Institute for Management Development (IMD), Dubai's high competitiveness ranking clearly reinforces the Dubai Government's commitment to implement business-friendly initiatives that offer value-added services to investors.

"The UAE in general and the emirate of Dubai in particular have long-standing trade and economic relations with the UK and the visit of this delegation will go a long way towards strengthening it," said Mr. Ali.