Investors can start Dubai businesses

Investors globally will now be able to start their business in Dubai without having to be in the UAE, following an agreement between Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) in Dubai, and the US-based Alliance Business Centres Network (ABCN).

The partnership will enable investors overseas to use a network of 650 business centres spread across 85 cities in 45 countries to start a business in Dubai. The initiative is part of Dubai FDI’s continuing efforts to attract sustainable foreign investment in line with the goals of the Dubai Plan 2021 and promote the emirate as a competitive destination to do business.

“This initiative is in line with Dubai’s objectives to reach out to international investors and companies, remove hurdles for those looking to benefit from investment opportunities and economic development in Dubai, and sustain economic growth,” said Fahad Al Gergawi, CEO of Dubai FDI.