“In February 2014, Apple C.E.O. Tim Cook visited Dubai and met Sheikh Mohammed bin Rashid,raising speculation that Apple planned to enter a market already home to high-end retailers and wealthy customers. In October 2015, Apple opened two new stores simultaneously in the U.A.E., both in Yas Mall (Abu Dhabi) and in Mall of the Emirates (Dubai). According to several media reporters like Bloomberg, Apple may be excluded from previous U.A.E. rules concerning Foreign Direct Investments (F.D.I.)....
Is Apple the foreign owner of new stores in the U.A.E.?
Simon Thomson, C.E.O. of Retail International, shares his opinion.
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