Vol. 6, Issue 3 (2020)
Foreign direct investment under UAE and Jordanian Laws
Author(s): Dr. Mudhafar Jaber Al Rawi, Ahmad Khaldoun Al Dhahir
Abstract: This paper addresses the foreign direct investment which is deemed as one of the most important means contributing to development and an important source of funding for the hosting (investment recipient) countries. The present paper sheds the light on the privileges provided for in the investment laws in the United Arab Emirates and the Hashemite Kingdom of Jordan for foreign investors aiming at providing a suitable investment to attract foreign investments, in addition to the incentives and guarantees granted by both laws to the foreign investor. The paper concluded to that the success of investment- attracting environment depends on several factors, the most important of which are the political and economic stability in both countries, the mitigation of bureaucratic procedures, consistency of investment laws and the local currency rate of exchange, facilitation of transport and easy entry visas, and availability of technical labor hands and privileges relating to tax exemptions.