UAE Cabinet approves economic activities eligible for up to 100% foreign ownership

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the
sectors and economic activities eligible for up to 100% foreign ownership in the UAE.
The Cabinet meeting was attended by H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, and H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. The decision aims to support the growth environment and to reaffirm UAE’s position on the global arena as a hub for investment.