News developments
UAE: Authorities Confirm Commitment to Economic Openness
Khaleej Times, 19 March 2026: Authorities in Dubai have shared a fact check statement refuting reports claiming the UAE had introduced strict laws to prevent foreign investors from withdrawing their capital and leaving the Emirate.
The false reports had alleged that the measures included freezing bank accounts and imposing restrictions on money transfers and capital movement in order to retain investors. Dubai media office made it clear that the UAE economy was strong, and Dubai would continue to remain a global economic hub and magnet for investors. The UAE Ministry of Economy and Tourism had denied the reports which circulated on social media on imposing restrictions on the movement of capital or preventing foreign investors from transferring or managing their funds in line with the applicable laws and regulations.
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