The UAE, has made a quantum leap by issuing Federal Law No. 19 of 2018 on Foreign Direct Investment (FDI) to promote and develop the investment environment and enhance attracting foreign direct investment through advantages and guarantees that contribute to the establishment of the UAE as a center of encouraging and attracting foreign direct investment, according to the regulations, standards and needs of the UAE economy emphasizing that sustainable development is a continuous institutional approach. This law is considered as a start towards the globalization of the economy, which is compatible with the changes and developments in the world, especially foreign ownership in investment projects, as well as a necessary incentive to expand the production base and diversify it, attract advanced technology and provide job opportunities and training for national human resources in many fields and contribution to the achievement of high added values in the country economy in accordance with the best international practices that require continuous development and the optimal utilization of available resource