Investment Policy Measures

20 results
United Arab Emirates

United Arab Emirates

02 Jan 2022

Opens to 100 per cent foreign ownership in most sectors

On 27 November 2021, the Government approved a wide-ranging reform of its legal system affecting more than 40 laws. The reforms come during the UAE’s “Year of the 50th” and are intended to keep pace with its developmental aspirations. [...]

United Arab Emirates

United Arab Emirates

21 Oct 2021

Abu Dhabi launches the Virtual Business Licence to drive more foreign investments

On 21 October 2021, the Abu Dhabi Government launched the "Virtual Licence" allowing the non-resident foreign investors to obtain an economic licence for doing business in Abu Dhabi without any prior residence procedures and from any [...]

United Arab Emirates

United Arab Emirates

23 Nov 2020

Amending Commercial Companies Law

On 23 November 2020, UAE issued a decree making significant amendments to the UAE Federal Law No. 2 of 2015 on Commercial Companies, which may effectively allow for 100% ownership of onshore companies by foreign nationals. The key [...]

United Arab Emirates

United Arab Emirates

31 Mar 2020

The "Positive List" has been officially published

On 17 March 2020, the UAE issued Cabinet Resolution No.(16) of 2020, setting out the 'Positive List of Economic Sectors and Activities in which Foreign Direct Investment is Permitted.' It became effective on 31 March 2020. 122 economic [...]

United Arab Emirates

United Arab Emirates

01 Dec 2019

New Qualified Investor Definition

The United Arab Emirates Securities and Commodities Authority (SCA) has issued a decision (No. 37 (R.M) of 2019), effective 1 December 2019, amending the definition of "Qualified Investor" in all regulations issued by the SCA. The [...]

United Arab Emirates

United Arab Emirates

02 Jul 2019

Allows full foreign ownership for thirteen sectors

Following the enactment of the UAE Federal Law No. 19 of 2018 on Foreign Direct Investment, the UAE Cabinet has adopted a "positive list of activities" covered by Article 7-3 of the Law, on 2 July 2019. The UAE Cabinet has designated [...]

United Arab Emirates

United Arab Emirates

17 Apr 2019

Abu Dhabi allows foreigners to own freehold properties in investment areas

On April 17, 2019, Abu Dhabi’s government has made changes to real estate laws allowing foreigners to own freehold property in designated zones to increase foreign direct investment. Before the changes, ownership of property was only [...]

United Arab Emirates

United Arab Emirates

07 Feb 2019

Abu Dhabi launches an investment office to attract FDI

On 7 February 2019, the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, issued Law No.1 on the establishment of an Abu Dhabi Investment Office (ADIO) and Law No.2 on regulating partnerships between public and private sectors. [...]

United Arab Emirates

United Arab Emirates

23 Sep 2018

New Foreign Direct Investment Law for the UAE

The President of UAE, Shaikh Khalifa Bin Zayed Al Nahyan, has issued Decree No.19 of 2018 on Foreign Direct Investment. The new FDI law provides a framework for the UAE Cabinet to permit foreign shareholders to own up to 100 per cent [...]

United Arab Emirates

United Arab Emirates

23 Sep 2018

Foreign Direct Investment Unit is to be established

The President of the UAE, Shaikh Khalifa Bin Zayed Al Nahyan, has issued Decree No.19 of 2018 on Foreign Direct Investment. According to the law, a Foreign Direct Investment Unit is to be established in the Ministry of Economy, which [...]

United Arab Emirates

United Arab Emirates

06 Jun 2018

Dubai Executive Council slashes some administrative fees

On 6 June 2018, the Dubai Executive Council approved a stimulus plan to reduce the cost of doing business. The new policy aims to slash "market fees" imposed by Dubai Municipality from 5 per cent to 2.5 per cent, in addition to scrapping [...]

United Arab Emirates

United Arab Emirates

01 May 2017

Allows DIFC-registered firms to obtain dual licenses to operate across Dubai

On 1 May 2017, the Dubai International Financial Centre (DIFC) signed a memorandum of understanding (MoU) with Dubai Economy - the Government body for economic policy making and management - to allow companies operating within DIFC [...]

United Arab Emirates

United Arab Emirates

15 Sep 2015

The government lifts Etisalat foreign ownership restriction

The Federal Government of UAE allowed foreigners to exchange "Etisalat (the largest telecom company)" stock up to 20% of the institution's capital. From 15 Sep 2015, trading of Etisalat's share by overseas investors has started in [...]

United Arab Emirates

United Arab Emirates

27 Jan 2014

Establishment of the Dubai Investment Development Agency

The law establishes the "Dubai Investment Development Agency" , and provides, inter alia, a strategic plan for the attraction and development of investment in line with the economic development plan of the emirate. It offers preferential [...]

United Arab Emirates

United Arab Emirates

20 Jan 2014

Measures to liberalize entry to the Hotel Sector

Dubai has introduced a series of reforms aimed at making it easier to set up hotels in the emirate. The Government cut the length of the pre‑approval process by two-thirds for private developers to build hotels. It shortened the approval [...]

United Arab Emirates

United Arab Emirates

22 Jun 2012

Issues regulation to ease foreign ownership of land

The United Arab Emirates (Dubai) issued Regulation No. 2 of 2012 to add land to areas where non-UAE nationals may own real estate properties in the emirate. Non-UAE citizens are allowed to acquire the usufruct right (life interest) [...]

United Arab Emirates

United Arab Emirates

16 Jun 2011

Ends state monopoly in power generation and water desalination

The Government of Dubai has amended the Dubai Electricity and Water Authority (DEWA) Law to allow and regulate the participation of the private sector in power generation and water production. The regulation ended a state monopoly [...]

United Arab Emirates

United Arab Emirates

08 May 2011

Grants concession for processing the re-sale of property

Damac Properties was selected by the Dubai Land Department to be granted access to the department's electronic property registry system (Oqood system), for the purpose of remotely completing resale transactions for off-plan property [...]

United Arab Emirates

United Arab Emirates

01 Jan 2011

Allows 100 percent ownership in economic zones around Abu Dhabi Airport

The Executive Council of the Emirate of Abu Dhabi had approved a resolution that would allow 100 percent foreign ownership of investments around the Abu Dhabi airport. The decree was passed in order to encourage more foreign investment [...]

United Arab Emirates

United Arab Emirates

01 Jan 2011

Offers full foreign ownership in special economic zone

Abu Dhabi Ports Company (ADPC), the entity in charge of developing and regulating industrial zones and ports in the capital, announced in mid-November that its flagship project, Khalifa Industrial Zone Abu Dhabi (KIZAD), will offer [...]

Number of policy measures per economy (since 01 Jan 2010) 1 87