The Cabinet:
- After cognizance of the Constitution; and
- Federal Law No. 1 of 1972 concerning the Mandates of Ministries and Powers of Ministers and its amendments; and
- Federal Law No. 2 of 2015 on Commercial Companies, and its amendments; and
- Federal Decree-Law No. 19 of 2018 on Foreign Direct Investment; and
- Upon the proposal of the Minister of Economy and the approval of the Cabinet,
Has resolved:
In this Decision, the following words and expressions shall have the meanings ascribed to them, unless the context otherwise requires:
State or UAE: the United Arab Emirates.
Foreign Investor: means a natural or moral person who has not the UAE nationality and invests in the State in accordance with the Federal Decree-Law No. 19 of 2018 on Foreign Direct Investment.
The positive list of economic sectors and activities attached hereto and in which the foreign investor is permitted to invest is hereby approved.