The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI / WAM
The Security, Justice, and Safety Committee of the Executive Council of Abu Dhabi, under the chairmanship of Major General Dr Nasser Lakhrebani Al Nuaimi, reviewed the latest updates on combating and countering the spread of false commercial licences and closed shops, as well as the results of the work team’s studies conducted in this respect.
The Committee stressed the importance of strengthening dedicated mechanisms used in order to contribute to the improvement of the economic and investment environment and establishment of a safe and secure investment infrastructure that would support Abu Dhabi’s economic development process.
It also referred to the dedicated work team, which was formed with the aim of investing the spread of false commercial licences and developing appropriate mechanisms to detect and tackle them. In this respect, the
work team prepared a comprehensive, detailed study on the status and spread of false commercial licences and closed shops in various regions,
as well as came up with appropriate solutions
and suggestions to limit and ultimately, stop such practices. This has been carried out based on a specific timetable and procedures, subject to
periodic review in coordination with relevant partners, so as to cease any potential recurrence of similar cases in the future.