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Foreigners Can Own Units In Dubai Zone

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Our Commodities Bureau BUSINESS STANDARD

In order to enhance the trade of gold, diamonds and coloured stones and other precious metals between India and United Arab Emirates, the Dubai Metals & Commodities Centre (DMCC) is offering 100 per cent ownership of purpose-built manufacturing units and a 50-year tax holiday to resident companies, the chief executive officer of DMCC Tawfique Abdullah said.

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First Published: May 30 2003 | 12:00 AM IST

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