Baaghi TV: Abu Dhabi has passed a law on foreign direct investment, which gives foreign investors 100% ownership of their businesses. France declares war on Muslims PIA announces pilots’ salary cuts to curb job losses This law will allow foreign investors to benefit from their business, who would have invested at least 2 million dirhams. It will apply to 122 sectors, including agriculture and industry. Earlier, foreign investors were allowed to own up to 49% of businesses. Once the ban is lifted, foreigners will be allowed to have full control of businesses. Non-Kashmiris allowed to buy land in occupied Kashmir Number of Indian troops present in IIOJK soars to 1.5 million Mother of six detained for ‘selling’ baby for Rs 15,000 What has changed after the abrogation of Article 370 in IIOJK? Shiv Sena Modi Govt doing politics of obstinacy: Congress on amendments to IIOJ&K land laws France locks down, Germany closes down, as virus cases hit record Work on the law has been under way since 2018, but its formal implementation began in April 2020. According to the law, 13 sectors are currently on the negative list. The negative list also includes banking and insurance business. Battered by pandemic, … Continue reading Abu Dhabi introduces new laws to benefit foreign investors?