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Industry Update

The UAE Government’s new foreign direct investment (FDI) law could accelerate FDI flows by up to 20 percent this year, according to the Ministry of Economy. The landmark law, which is predicted to further strengthen the business-friendly climate in the country, will be discussed at the Annual Investment Meeting 2019 in Dubai next week. High-level representatives from the country are expected to present the key provisions of the law before a global audience alongside other factors that make the emirate a preferred FDI destination in the Arab region, state news agency WAM

Source: https://www.arabianbusiness.com/banking-finance/417157-uaes-new-fdi-law-could-accelerate-inflows-by-up-to-20