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DED and UAE Ministry of Social Affairs Sign MoU
DUBAI — The Dubai Department of Economic Development or DED and the UAE Ministry of Social Affairs signed a Memorandum of Understanding or MoU to further strengthen foreign investment in the Emirate, especially in social services.
The MoU is part of efforts to enhance Dubai’s economic development by facilitating procedures for investors and encouraging investment in social affairs. As per the MoU, the two parties will review the licensing of social activities, to develop social
services structure.
Sami Daen Al Qamzi, Director General, DED, and Abdullah Rashid Al Suwaidi, Director-General of the Ministry of Social Affairs, signed the agreement.
“We are pleased to sign the MoU with the Ministry of Social Affairs, which complements our objective to further strengthen the economic growth of the Emirate. The MoU’s focus on social services will help us to attract more investment and contribute to the social and economic welfare of the society. Together with the Ministry, DED will adopt international quality standards in monitoring social activities and raise the standard of related businesses,” said Al Qamzi.— business@khaleejtimes.com
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