ANNOUNCEMENT 03 Nov 2010In November 2010, the government of the United Arab Emirates announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
Abu Dhabi Government (in English), https://www.abudhabi.ae/egovPoolPortal_WAR/appmanager/ADeGP/Citizen?_nfpb=true&_pageLabel=P3000130241204212839465&did=284434&lang=en
UNCTAD report (in English), http://unctad.org/en/Docs/webdiaeia20112_en.pdf
Columbia University (in English), http://www.vcc.columbia.edu/files/vale/documents/United_Arab_Emirates_-_IFDI_-_21_Dec_12_-_FINAL_0.pdf
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.