Qualifying Abu Dhabi Global Market (ADGM) entities, including special purpose vehicles, foundations and real estate investment funds, may now hold title to property in Abu Dhabi (onshore and in the free zone) thanks to an...more
9/24/2019
/ Abu Dhabi Global Markets (ADGM) ,
Asset Management ,
Economic Development ,
Fund Managers ,
Investment Funds ,
Investment Management ,
Investors ,
Municipalities ,
Property Owners ,
Real Estate Investments ,
Real Estate Transactions ,
Real Estate Transfers ,
REIT ,
Special Purpose Vehicles ,
Urban Planning & Development
On July 2, 2019, the United Arab Emirates (the “UAE”) Cabinet approved a total of 122 economic activities across 13 sectors to be eligible for up to 100 percent foreign ownership (the “Positive List”). These sectors include...more
On the 11th and 12th of June, 2019, the Ruler of Dubai enacted new insolvency and employment laws in the Dubai International Financial Center (DIFC). The new insolvency law came into force on June 13, 2019 while the new...more
[co-author: Dinmukhamed Eshanov, Counsel]
On 23 September 2018, the President of the U.A.E., His Highness Sheikh Khalifa bin Zayed Al Nahyan, issued Federal Law by Decree No. 19 of 2018 Regarding Foreign Direct Investment...more