Federal Decree Law No. (19) of 2018 Regarding Foreign Direct Investment

Date Adopted / Created / Concluded

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.)

Federal Law No. 10 of 2017

Date Adopted / Created / Concluded

Federal Law No. 10 introduces measures for the protection of domestic workers such as outlining the role of recruitment agencies, setting standards for labour contracts, employer and employee obligations, inspections, penalties, time off, end of service indemnity, termination of contracts, and providing dispute settlement.

Decree No. 766 of 2015

Date Adopted / Created / Concluded

Decree No. 766 outlines the rules and conditions for granting work permits to migrants who are changing employers, thus allowing free internal labour market mobility.