After much speculation, late 2018 saw the adoption of laws opening a relaxation of foreign investment thresholds in UAE companies. While the international free zones in the UAE have long played a meaningful part in attracting foreign investment, where foreign investment thresholds do not apply, it is the UAE’s adoption of Federal Decree No. (19) of 2018 on Foreign Direct Investment (the “FDI Law”) which is the game changer for further FDI into certain sectors of the UAE’s economy
By James Fox, Partner and Head of Dispute Resolution Middle East, DWF (Middle East) LLP, Dubai, UAE.
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