UAE Ministry of Economy working on new legislation to include 10 new sectors to the Commercial Companies Law

Sharjah: A landmark legislation in the Commercial Companies Law, which allows 100 percent foreign ownership of onshore companies in the UAE, is in its final stages of formation, said Abdulla Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade and Industry. The legislation will enable investors and business in 10 new sectors of […]

Food inflation: Grocery price shock is coming to a store near you

New York: Corn, wheat, soybeans, vegetable oils: A small handful of commodities form the backbone of much of the world’s diet and they’re dramatically more expensive, flashing alarm signals for global shopping budgets. This week, the Bloomberg Agriculture Spot Index “- which tracks key farm products “- surged the most in almost nine years, driven […]