Document background
The Project Investment Agreement is a crucial document used in the United Arab Emirates to formalize significant investment arrangements between parties for specific projects. It serves as the primary contractual framework for both foreign and local investments across various sectors, ensuring compliance with UAE Federal Laws, including the Foreign Direct Investment Law (Federal Law No. 19 of 2018) and relevant emirate-specific regulations. This agreement is particularly important in cases involving substantial capital investment, complex project structures, or strategic developments requiring detailed governance frameworks. The document typically includes comprehensive provisions on investment mechanics, project implementation, risk allocation, profit sharing, management rights, and exit mechanisms, while addressing specific UAE requirements such as local ownership restrictions, regulatory approvals, and Sharia compliance where applicable.
