UAE denies claims of capital movement restrictions

The Ministry of Economy and Tourism denies the accuracy of information circulating on some social platforms claiming that the United Arab Emirates is imposing restrictions on the movement of capital or preventing foreign investors from transferring or managing their funds in accordance with the applicable laws and regulations.

The Ministry underscores the UAE’s firm commitment to policies of economic openness and the free movement of capital, in line with international best practices, in a manner that reinforces a stable and attractive investment environment.

The Ministry urges the public and media to rely on official sources for accurate information.

WAM