On 22 April 2020, the Abu Dhabi Department of Economic Development (ADDED) and the Dubai Department of Economic Development (DDED) issued guidelines for business reopening. While the guidelines do not contain a date for the business reopening, they contain additional measures for business owners to implement to stop the Covid-19 virus from spreading. This article provides an overview of the guidelines and key considerations for ramping up business in the emirates of Abu Dhabi and Dubai.
On 23 September 2018, Federal Decree-Law No.19 of 2018 on Foreign Direct Investment (FDI Law) was issued. Within a year of FDI Law’s issuance, the UAE Cabinet pre-approved the highly awaited “Positive List”.
Approval of the Foreign Direct Investment Positive List – An Analysis of Cabinet Resolution No. 16 of 2020
On 23 September 2018, Federal Decree-Law No.19 of 2018 on Foreign Direct Investment (FDI Law) was issued. Within a year of FDI Law’s issuance, the UAE Cabinet approved the highly awaited “Positive List”
The outbreak of Coronavirus (COVID-19) has caused a massive impact on global supply chains, manufacturing and cross-border trade. Coupled with the travel restrictions and government lockdowns, businesses have been affected.
The third version of the ICV formula (ICV 3.0) will take effect in May 2020. At the end of 2019, Abu Dhabi Ports and Aldar Properties had announced that they would follow the ICV programme.