DUBAI FDI ECOSYSTEM

UAE FDI Federal Law Guideline

UAE FDI Federal Law Guideline

Your official guide to UAE’s Investment law

Stimulating the Business Environment to Address COVID-19 Virus Effects

Stimulating the Business Environment to Address COVID-19 Virus Effects

UAE Ministry of Economy is now offering updates about COVID-19, best practices for doing businesses in times of crises COVID-19, insights about UAE’s investment environment, incentives granted for businesses in the UAE, information about FDI law, Coronavirus Reports & Summaries Regarding Investments, and a direct communication with MOE’s Investment Department

Economic Substance Regulations require businesses to apply “Substance Over Form”

Economic Substance Regulations require businesses to apply “Substance Over Form”

The purpose of the Regulations is to ensure that UAE entities that undertake certain activities are not used to artificially attract profits that are not commensurate with the economic activity undertaken in the UAE

04 Jul 2020

Drones regulating law issued in Dubai

Drones regulating law issued in Dubai

The new Law seeks to help Dubai promote itself as a hub for drone manufacturing, smart transportation and innovation in the sector, and enable public and private entities to use drones and provide drone-related services

Source: WAM

Category: FDI Regulations Dubai Advantage

02 Jul 2020

Ports, free zones, infrastructure, latest technologies and innovation initiatives and economic policies reviewed during TEC meeting

Ports, free zones, infrastructure, latest technologies and innovation initiatives and economic policies reviewed during TEC meeting

The meeting reviewed many initiatives and policies including the “5x5 strategy” that aims to facilitate the implementation of the Free Zones 2.0 model with emphasis on trade, manufacturing, financial services, professional services, and entertainment and will play a key role in attracting foreign direct investment (FDI)

30 Jun 2020

Enhanced DIFC Data Protection Law Comes into Effect on 1 July 2020

Enhanced DIFC Data Protection Law Comes into Effect on 1 July 2020

The law places Dubai and DIFC at the forefront of data protection in the region, enabling the financial hub to enhance the Centre’s data protection practices related to global data, security and privacy best practice.

28 Jun 2020

UAE Cabinet approves national system for sustainable agriculture and additional AED320 mn budget for national universities

UAE Cabinet approves national system for sustainable agriculture and additional AED320 mn budget for national universities

The system aims to improve the efficiency of our UAE farms, enhance our self-sufficiency in food, and create new opportunities to ensure the sector is always ranked among the best.

Source: WAM

Category: FDI Regulations

14 Jun 2020

Mohammed bin Rashid approves governance system for federal government boards and announces bonuses for vital sector staff

Mohammed bin Rashid approves governance system for federal government boards and announces bonuses for vital sector staff

During a remote meeting, the UAE cabinet has approved a series of decisions and initiatives to advance the government work system, and to ensure business continuity and sustainability in various sectors

01 Jun 2020

His Highness Sheikh Mohammed bin Rashid Al Maktoum enacts new DIFC Data Protection Law

His Highness Sheikh Mohammed bin Rashid Al Maktoum enacts new DIFC Data Protection Law

The promulgation of the Law enables the pre-eminent international financial hub in the Middle East, Africa and South Asia (MEASA) region to strengthen its leadership in enhancing data protection practices

Source: DIFC

Category: FDI Regulations

12 May 2020

UAE Develops Systematic Response Plan for Economic Sustainability and Business Continuity

UAE Develops Systematic Response Plan for Economic Sustainability and Business Continuity

The plan consists of two main phases, a short-term which includes gradual opening of the economy and businesses and the second one is a long-term stimulus package

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