Wednesday 13 November 2024
 
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foreign ownership

Tabreed raises foreign ownership limit to 100pc

In a major move, the National Central Cooling Company (Tabreed) has boosted the company's foreign ownership limit from 49% to 100%.    In its disclosure letter to Dubai Financial Market (DFM), the distri

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Tabreed raises foreign ownership limit to 100pc

In a major move, the National Central Cooling Company (Tabreed) has boosted the company's foreign ownership limit from 49% to 100%.    In its disclosure letter to Dubai Financial Market (DFM), the distri

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Sharjah Islamic raises foreign ownership to 40%

Sharjah Islamic Bank said that it is increasing the percentage of its foreign ownership to 40% after obtaining all regulatory approvals from the UAE Central Bank and the Securities and Commodities Authority. The announcement follo

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Sharjah Islamic Bank raises foreign ownership to 40%

Sharjah Islamic Bank has announced that its board of directors agreed to raise the percentage of foreign ownership in the bank’s shares to 40 percent. This comes in preparation for submitting it to the bank’s general a

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Gulf investors eye 100% FDI in India $80bn infra spend

India is set to unveil its $80.4 billion four-year plan to privatise its infrastructure assets in state-owned enterprises in the aviation, power, oil and gas sectors in which investors in the Gulf are expected to show interest, a report said.

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Gulf investors eye 100% FDI in India $80bn infra spend

India is set to unveil its $80.4 billion four-year plan to privatise its infrastructure assets in state-owned enterprises in the aviation, power, oil and gas sectors in which investors in the Gulf are expected to show interest, a report said.

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Abu Dhabi issues new licence, permits 100% foreign ownership

The Abu Dhabi Department of Economic Development (ADDED) has launched new professional licence system that allows 100% foreign ownership of businesses operating across 604 professional services. This includes companies operating i

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Abu Dhabi issues new licence, permits 100% foreign ownership

The Abu Dhabi Department of Economic Development (ADDED) has launched new professional licence system that allows 100% foreign ownership of businesses operating across 604 professional services. This includes companies operating i

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Abu Dhabi opens 1,105 commercial, industrial activities for foreign ownership

The Abu Dhabi Department of Economic Development (ADDED) has announced a list of 1,105 registered commercial and industrial activities that are open for ownership by natural and legal non-citizens, enabling them to fully or partially own comme

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UAE allows 100% foreign ownership from June 1

The UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1, 2021, allowing foreign investors and entrepreneurs to establish and fully own onshore companies. The UAE government h

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