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أثر الشكل القانوني للشركات المحلية والأجنبية على التنمية في دولة الإمارات العربية المتحدة
Date Issued
2024
Author(s)
راشد ناصر مصبح خميس الكلباني
Universiti Sains Islam Malaysia
Abstract
The impact of the legal form of local and foreign companies on development in the
United Arab Emirates is an important topic that should be highlighted for its importance
in practical life, which is reflected in the country's economic growth and increased
productivity. This study discusses the main problem of the extent to which the UAE
legislation texts address the legal form of local and foreign companies and the extent of
their impact on development in the country. This study mainly aims to clarify the legal
form of local and foreign companies, by stating the laws regulating them and their
impact on development in the UAE. To achieve the purpose of the study, the
researcher adopted descriptive and analytical descriptive approaches to understand
phenomena, clarify relationships and make predictions. The researcher used neoclassical
and domestic growth models to analyze foreign investment and the relationship
between foreign and local companies, in addition to analyzing various Arab and foreign
international references, magazines, studies and statistics to achieve reliable results. As a
result, the study focused on the impact of foreign companies and their investments on
the economic development of the UAE. The importance of the practical study is
highlighted by the fact that it has not received wide attention from researchers and
specialists, despite the importance of this topic in light of the spread of local, foreign and
transnational companies, as well as the scarcity of legal studies on the obstacles that
prevented attracting foreign investment in the UAE, while the practical importance of
the study is highlighted in light of the widespread spread of local, foreign and
transnational companies and the absence of a unified law regulating their provisions.
The results indicated that developing countries with growing markets, improved
infrastructure and positive social indicators attract incoming companies for foreign direct
investment. Transnational companies closely follow the internal policies of host
countries to enhance participation and development. The flexible foreign direct
investment law in the UAE has succeeded in attracting investments by allowing
amendments to the list of permitted sectors. Foreign direct investment leads to increased
national investment, competition and access to export markets, which ultimately
contributes to economic development. Accordingly, the researcher recommends
encouraging the development of unified laws and regulations in all emirates, specifically
targeting areas that directly affect foreign direct investment. This can be achieved
through collaboration between federal and local authorities, legal experts and relevant
stakeholders to ensure consistency and compatibility in legal requirements and
procedures.
United Arab Emirates is an important topic that should be highlighted for its importance
in practical life, which is reflected in the country's economic growth and increased
productivity. This study discusses the main problem of the extent to which the UAE
legislation texts address the legal form of local and foreign companies and the extent of
their impact on development in the country. This study mainly aims to clarify the legal
form of local and foreign companies, by stating the laws regulating them and their
impact on development in the UAE. To achieve the purpose of the study, the
researcher adopted descriptive and analytical descriptive approaches to understand
phenomena, clarify relationships and make predictions. The researcher used neoclassical
and domestic growth models to analyze foreign investment and the relationship
between foreign and local companies, in addition to analyzing various Arab and foreign
international references, magazines, studies and statistics to achieve reliable results. As a
result, the study focused on the impact of foreign companies and their investments on
the economic development of the UAE. The importance of the practical study is
highlighted by the fact that it has not received wide attention from researchers and
specialists, despite the importance of this topic in light of the spread of local, foreign and
transnational companies, as well as the scarcity of legal studies on the obstacles that
prevented attracting foreign investment in the UAE, while the practical importance of
the study is highlighted in light of the widespread spread of local, foreign and
transnational companies and the absence of a unified law regulating their provisions.
The results indicated that developing countries with growing markets, improved
infrastructure and positive social indicators attract incoming companies for foreign direct
investment. Transnational companies closely follow the internal policies of host
countries to enhance participation and development. The flexible foreign direct
investment law in the UAE has succeeded in attracting investments by allowing
amendments to the list of permitted sectors. Foreign direct investment leads to increased
national investment, competition and access to export markets, which ultimately
contributes to economic development. Accordingly, the researcher recommends
encouraging the development of unified laws and regulations in all emirates, specifically
targeting areas that directly affect foreign direct investment. This can be achieved
through collaboration between federal and local authorities, legal experts and relevant
stakeholders to ensure consistency and compatibility in legal requirements and
procedures.
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4192753 Declaration..pdf
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