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The New UAE Foreign Direct Investment Law

The new Foreign Direct Investment Law was approved and the respective Decree Law No. 19 of 2018 was issued. The new law for Foreign Direct Investment (hereinafter also referred to as “FDI”) allows 100 percent foreign ownership by global investors in the UAE. The issued new FDI law is expected to change the United Arab Emirates business setup scene by attracting FDI growth.

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Expo Dubai 2020

Expo 2020 is generating huge expectation and currently there are several initiatives being carried out. The impact of Expo 2020 in economy is already felt but as the event approaches the impact is getting increasingly significant.

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An A-Z Guide on Doing Business in Dubai

A is for… As-Salamu Alaikum (Peace Be Upon You)

Speaking the local language (or at least learning some key words) is usually considered best business practice, and the UAE is no different. As-Salamu Alaikum is the most common (and polite) greeting in Arabic and the Muslim world, meaning “peace be upon you”, to which one will receive the response Alaikum As-Salaam. An also accepted short form for this is simply Salam (“peace”).

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UAE announces economic stimulus plan

Abu Dhabi and Dubai have both recently announced measures to boost economic growth and ease the cost of doing business in these Emirates.

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