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Dubai economic agency seeks to promote Kuwaiti businesses

dubai - This will enable companies to address any challenges in setting up business in Dubai

The Dubai Department of Economic Development (DED), represented by the Business Registration and Licensing (BRL) sector, and the Kuwait Business Council in Dubai and the Northern Emirates signed a memorandum of understanding (MoU) to enhance bilateral relations and create opportunities for developing Kuwaiti projects managed through social media websites.

This is part of the DED's commitment to facilitate and enable companies, especially from the GCC countries, to address any challenges in setting up business in Dubai.

The agreement was signed by Omar Khalifa, deputy CEO of BRL, and Luma Jassim Bourisly, chairwoman of the KuwaitBC.

"Our partnership with the Kuwait Business Council aims at strengthening relations with our Kuwaiti brothers who are seeking business opportunities in Dubai and encouraging Kuwaiti companies to provide special packages and offers to holders of DED Trader licenses. As per the MoU, DED will provide Kuwaiti businessmen with information and opportunities related to the DED Trader or the Instant Licence. We will also provide logistic support for joint events, raise awareness on the benefits of licences for the Kuwaiti business community and encourage business owners to acquire licences, as well as to facilitate communication with Kuwaiti businessmen or stakeholders, when in need to arrange visits to Kuwait," said Khalifa.

Luma said: "The KuwaitBC is pleased to start the New Year by building partnerships that bring qualitative improvement to Kuwaiti projects, especially since the number of Kuwaiti companies granted the trader licence and manage their business on social media websites has reached 11. We look forward to strengthen the opportunities of success and development for creative Kuwaiti projects in Dubai, by facilitating procedures, and open the way for Kuwaiti companies wishing to provide their supportive and logistic services to holders of DED Trader licenses in Dubai".

- business@khaleejtimes.com