Will the Middle East experience progress in 2019?
The next 12 months will see a number of exits by Middle East start-ups and SMEs, according to Fadi Ghandour, executive chairman at Wamda Capital.
In an opinion piece looking ahead to 2019, submitted to Arabian Business, he said investors will begin receiving returns, encouraging more people to invest in the region.
Dr Habib Al Mulla said residency laws will likely be altered further in order to attract more foreign investors.
“We can only expect more initiatives to improve the UAE’s status on all fronts, particularly when it comes to commercial law. And while the UAE has done much in this regard, I believe there is still room for improvement. So I predict a further relaxation of residency laws through minor alterations in order to make them more appealing, once the new regulations find their way into implementation,” he said.
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