ANNOUNCEMENT 03 Nov 2010

In November 2010, the government of the United Arab Emirates announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 03 Nov 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 3 November 2010, the Emirate of Abu Dhabi launched the Khalifa Industrial Zone Abu Dhabi (Kizad), which allows for some forms of foreign ownership in strategic industries such as metallurgy, petrochemicals and pharmaceuticals. In the Kizad, foreign investors are usually allowed to set up joint-ventures with local partners. Full foreign ownership of companies is only authorized on a case-by-case basis. 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A