We, Mohammed bin Zayed Al Nahyan,President of the United Arab Emirates,
‒ Having reviewed the Constitution; and
‒ Federal Law No. 1 of 1972 Concerning the Competences of Ministries and Capacities of Ministers, and its amendments thereof; and
‒ Federal Law No. 2 of 1984 Concerning the Practice of Economic Activities in the State by Citizens of GCC States; and
‒Based upon the proposal submitted by the Minister of Economy, and the Cabinet’s approval,
Hereby promulgate the following Decree-Law:
Citizens of States of the Gulf Cooperative Council (GCC) – whether natural or legal persons – shall be treated the same way citizens of the State are when practicing economic activities and professions in the State. With the exception of economic activities and professions designated by a decision from the GCC Supreme Council or which are excluded, or certain conditions are required for its practice pursuant to a Cabinet decision.
Federal Law No. 2 of 1984 Concerning the Practice of Economic Activities in the State by Citizens of the GCC States...