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Luxury set to gain

Marco De Leo and Riccardo Denaro of BonelliErede on how the FDI revamp brings new opportunities for luxury retail in the UAE. Despite the COVID-19-induced global economic downturn, there is good news for foreign companies with an eye on the UAE and those already present in the region. On January 2, 2021, a new law on foreign direct investment (“FDI”)...
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