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Scott Campbell, Nicholas Edwards, Patrick Sutton-Mattocks
UAE Cabinet of Ministers approves the Positive List permitting greater foreign investment across 122 activities.
The Positive List has now been issued by a resolution of the UAE Cabinet of Ministers and has come into effect. 122 commercial activities across a range of sectors listed in the Positive List will be eligible for 100% foreign ownership. The market has been anticipating the formal adoption of the Positive List since a summary was published in July 2019. This follows the introduction of the new foreign investment regime in the UAE in November 2018.
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