UAE - Mubasher: The UAE Ministry of Economy has allowed 100% foreign ownership in 122 economic sectors and activities available for foreign direct investment (FDI).
The list of economic sectors and activities includes 19 activities in the agricultural sector, 51 in manufacturing, and 52 in services, according to a recent press release by the UAE Ministry of Economy.
The ministry has set a minimum share capital for FDI projects in the agricultural field at AED 7.5-10 million and for the manufacturing sector between AED 2 million and AED 10 million.
The FDI projects should use modern technology, bring high added-value, contribute to research and development, and meet the licensing requirements of entities in the UAE.
