100% foreign ownership in 122 UAE economic activities

 The UAE government approved 100 percent foreign ownership in a total of 122 economic activities across 13 sectors that were specified to be eligible such as renewable energy, space, agriculture, and the manufacturing industry. Let’s look at the 13 sectors:

• Renewable energy
• Agriculture
• Information and communications
• Food services
• Hospitality
• Logistics
• Manufacturing
• Space
• Transport
• Professional, scientific and technical activities
• Educational activities
• Healthcare
• Art and entertainment
• Construction

The decision provides investors with an opportunity to acquire various shares in a number of economic activities including the production of solar panels, power transformers, green technology, and hybrid power plants. The Approval of the UAE Government on July 2, 2019, which will help more foreign entrepreneurs invest in the business. This year Dubai expo 2020 which will be a great opening to all entrepreneurs.
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