ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
On 29 August 2020, ruler of UAE Sheikh Khalifa bin Zayed Al Nahyan issued federal law no. 4 of 2020 that abolished federal law no. 15 of 1972 boycotting Israel. The new law allows Israelis to invest, exchange and possess Israeli goods in UAE.
The new law comes as part of UAE-Israeli peace treaty that exerts efforts to expand commercial and diplomatic cooperation to stimulate economic growth and technological innovation.
⚑ Please report this page in case you detect an inaccuracy in its content.