Iraq seeks DED expertise

The Business Registration and Licensing, or BRL, Division in the Department of Economic Development, or DED, recently received a high level delegation from the construction, housing, financial and municipal sectors in Iraq, led by the International Finance Corporation, or IFC, a member of the World Bank Group.

By Abdul Basit

Published: Wed 27 Jun 2012, 10:44 PM

Last updated: Tue 7 Apr 2015, 11:11 AM

The Iraqi delegation reviewed the business registration procedures in Dubai as well as DED’s electronic systems and also discussed ways to transfer DED’s expertise in facilitating doing business. The delegation’s visit followed DED’s joint efforts with the International Finance Corporation to communicate the ease and efficiency of doing businesses in Dubai, enhance the UAE’s top rankings in the World Bank’s Doing Business Report for 2013 and promote the country as a globally competitive business hub.

Mohammed Shael Al Saadi, CEO of Business Registration and Licensing Division at DED, received the Iraqi delegation and took them through the procedures followed in the Division.

“The professionalism evident in registering businesses in Dubai has made the emirate a preferred destination for businessmen and investors globally. DED constantly updates its procedures and has developed a simplified regulatory framework that facilitates business management and expansion, thus creating a competitive environment.”

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