Global Trade Alert
Global Trade Alert

United Arab Emirates: Cabinet announces the Positive List of the new Foreign Direct Investment Law

Announcement

31 Mar 2020

In March 2020: the UAE's Cabinet announced the adoption of a "positive list of activities" which was covered in Article (7.3) of the UAE Investment Law and that is eligible for full foreign ownership.

Update:

In November 2020, the President of the UAE issued a new decree that repeals the FDI law of 2018 and amends the commercial companies law to allow 100% of foreign ownership in more sectors across the emirates.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 Mar 2020

Revocation date:

No revocation date

Updated: 31 Mar 2020
FDI: Entry and ownership rule In force

On 31 March 2020, the "positive list of activities" of 122 economic activities which was covered in Article (7.3) of the UAE Investment Law and that is eligible for ful...

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