![Abu Dhabi, U.A.E., February 12, 2019. Sunny but chilly weather at the Corniche.
-- (Probable Big Picture) Watersports enthusiasts enjoy the beautiful weather.
Victor Besa/The National
Section: NA
Reporter: Mustafa AlRawi](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/3VUJVP55IMUJU4WEJZU2Q45SNY.jpg?smart=true&auth=390e4e90ecd7423aa63b17c76f50eef188004b13dbe93e2cc794636171885b91&width=400&height=225)
Foreign direct investment into the UAE increased 44 per cent to Dh73bn last year. Victor Besa / The National
Foreign direct investment into the UAE increased 44 per cent to Dh73bn last year. Victor Besa / The National
New law allowing full foreign ownership of onshore companies takes effect on June 1
Changes removing the requirement for a major UAE shareholder were first announced in November last year