The Ministry of Economy has issued a new Decision No. 50 of 2025 on reducing the restriction period for transferring ownership of shares in private joint-stock companies listed in the UAE’s financial markets.
According to the Decision, the prohibition period stipulated in clause 1 of Article 266 of Federal Decree-Law No. 32 of 2021 on Commercial Companies is reduced to 6 months for private joint stock companies listed in the country's financial markets. The period is calculated from the date of registration of the company in the Commercial Register by the competent authority.
It should be noted that Clause 1 of Article 266 of the Decree-Law stipulates the following: “Ownership of shares of a Private Joint Stock Company may not be transferred prior to the publication of the balance sheet and the profits and losses account for at least one fiscal year commencing from the date of registration of the Company in the commercial register with the Competent Authority. The provisions of this Article shall apply in the event of increase of the capital prior to the expiry of the prohibition period.”
At the same time, acc...