(Bloomberg) --
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The United Arab Emirates will allow full foreign ownership in 122 economic activities in the industrial, agricultural and services sectors.
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“We have the flexibility to keep up with the economic developments and changes around the world,” Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum was cited as saying by state-run WAM.
Examples of activities and sectors:
- Industrial sector -- 51 activities, including:
- manufacturing food and drinks products
- aircraft repair
- Services sector -- 52 activities, including:
- scientific research and development
- Agricultural sector -- 19 activities, including:
- cultivation of grains
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