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Read MoreA cheque if issued in UAE is accounted for a civil case against the issuer, however, it is a criminal act primarily.
Read MoreThe changes are expected to be put into practice with immediate effect to reflect the rapid progress the UAE seeks to make.
Read MoreThe reforms are the latest move by the UAE to future proof the country for a post-coronavirus era.
Read MoreOverhaul of the country's personal status laws mean sharia will be rarely used for non-citizens
Read MorePeople can be fined Dh3,000 for not adhering to social distancing or failing to wear a face mask properly
Read MoreDubai and the rest of the UAE permit the marriage of the same and or different nationalities in its borders.
Read MoreIgnorance is not an excuse to break the law, so be extra careful with these simple ones
Read MoreEconomists expect annual surge of up to 15-20% in FDI flow once law comes into effect.
The UAE's game-changing investment law, which will allow up to 100 per cent ownership to foreign investors in some specific onshore business sectors, is expected to prop up private and foreign direct investments when it will be finally introduced in the last quarter of this year, economists and analysts said.
The law, eagerly awaited by the business community, was widely expected to be introduced in the first quarter of 2018, and is expected to change not only the investment landscape of the UAE, but also create significant growth opportunities by attracting more foreign direct investments, especially into the non-oil sectors.
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