UAE set to pass companies law early March
- United Arab Emirates: Thursday, February 21 - 2013 at 03:20
The UAE Federal National Council (FNC) has completed reviewing 377 articles of a draft companies law after a four-day session, Gulf News has reported. However, the council is set to meet on March 6 to further discuss certain clauses related to corporate social responsibility and the system of excluding companies from the law, among other issues. The legislation will be enacted three months after it is published in the official gazette, by the end of this year, according to members of the council.
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