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After rescue teams administered first aid, he was transported to the hospital
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Cabinet decree on investment in stocks by GCC citizens
ABU DHABI — The UAE Cabinet issued on Monday a decree revising a previous resolution on acquisition by GCC citizens of shares and incorporation of joint stock companies in the country.
According to Decree No. 23 for 2005, the text of Article (1) of Resolution No. 9 for 2004 shall be replaced by the following:
Subject to reciprocity principle, natural and legal GCC citizens are allowed the following: (a) to set up new companies, participate in their incorporation subscribe to their shares and trade in the same and (b) to hold and trade in shares of existing joint stock companies.
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