Russian-Arab business meet opens in Sharjah

By IANS/WAM,

Sharjah: A Russian-Arab business conference opened here Monday.


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Russia and the members of the Gulf Cooperation Council (GCC) will explore trade and investment opportunities during the three-day conference.

Russia’s decision to exempt investment firms and sovereign wealth funds from the UAE from taxation will boost trade and will open up opportunities to UAE investors in Russia, Sharjah Chamber of Commerce and Industry chairman Ahmed Mohammed Al Midfa said.

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