UAE Foreign Investment Liberalization to Drive Investment

Alert September 9, 2021

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UAE Foreign Investment Liberalization to Drive Investment

UAE Foreign Investment Liberalization to Drive Investment

September 9, 2021, Covington Alert

This alert highlights recent foreign ownership law reforms opening large segments of the UAE economy to increased foreign ownership, bringing to an end a decades-long regime requiring local majority shareholding in UAE onshore commercial companies.

Key sectors subject to these reforms are: Energy, Infrastructure, Petrochemicals, Pharmaceuticals, Healthcare, Tech, Defense, Security and Aerospace.

The change in law may create an opportunity for international businesses to revisit both their UAE corporate structures and operating models.

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