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Article (1) Effective as of the date this Law comes into force, the ownership of Emirates Corporation and all of its rights and obligations will be transferred from the Government of Dubai to the Investment Corporation of Dubai.
Dubai Law·29 of 2008
Law ID
dubai-law-2008-29
Plain-language summary
Transfers ownership of Emirates Corporation and all its rights and obligations from the Government of Dubai to the Investment Corporation effective upon publica…
Synced from the official UAE Legislation portal · Plain-language summary by the LEXAI editorial team
Article-level text
2 articles
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Article (1) Effective as of the date this Law comes into force, the ownership of Emirates Corporation and all of its rights and obligations will be transferred from the Government of Dubai to the Investment Corporation of Dubai.
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Article (2) This Law will be published in the Official Gazette and will come into force on the day on which it is published. Mohammed bin Rashid Al Maktoum Ruler of Dubai Issued in Dubai on 23 November 2008 Corresponding to 25 Thu al-Qidah 1429 A.H. ©2015 The Supreme Legislation Committee in the Emirate of Dubai 1 Every effort has been made to produce an accurate and complete English version of this legislation. However, for the purpose of its interpretation and application, reference must be made to the original Arabic text. In case of conflict the Arabic text will prevail.
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Note: This legislation is sourced from the Dubai Legislation Portal (dlp.dubai.gov.ae). The original Arabic text is the authoritative version.
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