UAE denies claims of capital controls, reaffirms free movement of funds

ABU DHABI — The UAE Ministry of Economy and Tourism on Thursday denied reports circulating on social media claiming that the country is imposing restrictions on capital movement or preventing foreign investors from transferring or managing their funds.The ministry reaffirmed the UAE’s commitment to economic openness and the free flow of capital in line with international best practices, emphasizing that these policies support a stable and attractive investment environment.It also urged the public and media to rely on official sources for accurate information.