Dubai, UAE, June 14, 2018: Mr Kamal Vachani, Group Director, Al Maya Group welcoming the Dh.50 billion stimulus package announced by Government said this will greatly benefit all sectors of UAE and will strengthen further economy stability and sustainability and will give confidence to the investors and businesses.
The UAE visa and company ownership reforms announced earlier will further boost economy growth in the coming years.
The new system of replacing the bank guarantee requirement for the employee's visa is very welcome step.
Allowing 48 hours visa to transit passengers is great a step taken by the Government, which will allow passengers to enter Dubai easily.
Providing six month temporary visa without fees for job seekers in the UAE is also a welcoming steps taken by the Government, added Mr Kamal Vachani.
While welcome the bold steps taken by the Government, Mr Kamal Vachani said the economy will boost further and investment will further increase into the UAE. Mr Kamal Vachani welcomes the steps taken by the Government whole heartedly.
Mr Kamal Vachani is Group Director of Al Maya Group and Hon. Regional Director of Electronics and Computer Software Export Promotion Council (ESC), sponsored by Government of India for the Middle East.