Daily Business Wrap - Foreign ownership law update

Name: Daily Business Wrap - Foreign ownership law update
Uploaded: 2018-11-12T18:03:49+04:00
Description: Previously, foreign ownership was limited to 49 per cent.

Previously, foreign ownership was limited to 49 per cent.

Last updated: November 12, 2018 | 18:03

Logan Fish and Ed Clowes

1 MIN READ

The UAE’s Minister of Economy outlined the country’s new foreign ownership law in a speech on Monday morning, but said that a full list of the industries it applied to would not be published until the first quarter of 2019.

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