Description

The Cabinet issued “Federal Law by Decree No. (19) of 2018 Regarding Foreign Direct Investment“, a new foreign investment law that allows more than 49 per cent ownership to foreigners in some businesses that could go up to 100 per cent in commercial companies in 13 economic sectors covering 122 economic activities (renewable energy, space, agriculture and manufacturing, transportation and storage, accommodation and food services, information and communication, and more.)

Date Adopted / Created / Concluded
Thematic Area
Labour Migration
Sub-theme
Reforms to the Kafala System
Country
United Arab Emirates
Policy Type
National