Mars became one of the first major mutlinationals to take advantage of the UAE's new foreign direct investment law to buy out its local partner. Getty Images
Mars became one of the first major mutlinationals to take advantage of the UAE's new foreign direct investment law to buy out its local partner. Getty Images

Economy

Confectionery giant Mars takes 100% ownership of UAE business

Company buys out local partner following last year's law change allowing complete ownership of onshore firms

Michael Fahy
Michael Fahy

August 29, 2019