** restrictions on Dubai private companies on Iran

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Private companies in Dubai remain free to sign deals with Iranian counterparts, including setting up businesses in the country, despite political tensions in the Gulf, the Chairman of Dubai?s Chamber of Commerce and Industry said on Wednesday. ?Business is **rmal, there is **thing that prohibits companies from Dubai doing business with Iran,? Majid Saif Al Ghurair told reporters at a business forum in Dubai. The UAE, the Middle East?s second largest eco**my, downgraded diplomatic ties with Iran following the storming of the Saudi Arabian Embassy in Tehran and Consulate in Mashhad in January.

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