UAE to allow 100% foreign ownership of companies in June – WAM
- 20-May-2021
The UAE announced the law allowing 100% foreign ownership of companies last year - one of several steps aimed at attracting investment and foreigners into the Gulf state, which was badly hurt by the coronavirus crisis.
China to relax foreign ownership limits on cars, other industries
- 17-Apr-2018
China announced a timeline to open up its manufacturing sector including scrapping ownership limits for foreign automakers, shipbuilders and aircraft firms -- addressing a contentious issue in its trade dispute with the United States.