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Earlier this year, UAE approved a new investment
law that could allow 100% foreign ownership of companies in specific sectors of
the economy to operate outside of free zones by the end of 2018. Once
implemented, this law will boost Foreign Direct Investment (FDI) and increase demand
from overseas businesses, particularly for projects outside of the existing
The implementation of new policies and the relaxation of regulatory restrictions in line with the Vision 2021 goal of further diversifying the Dubai economy will provide a boost to the real estate market in 2019.
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16 October 2018