Dubai retains world’s top destination for greenfield FDI projects

Dubai:  Dubai has retained its position as the world's leading destination for Greenfield Foreign Direct Investment (FDI) projects for the fourth consecutive year, according to fDi Markets, a service from the Financial Times Ltd.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of the Executive Council of Dubai, took to his X account to announce this remarkable achievement.

In 2024, the emirate attracted 1,117 Greenfield FDI projects valued at over Dh 52 billion, marking a 33 per cent increase from 2023. Additionally, a total of 1,826 FDI projects were announced, reflecting an 11% growth compared to the previous year.

 “For the fourth year in a row, Dubai has been ranked as the world’s top destination for Greenfield Foreign Direct Investment (FDI) projects, according to Financial Times Ltd.’s ‘fDi Markets’ data. In 2024, the emirate attracted 1,117 Greenfield FDI projects worth over Dh52 billion, a 33 per cent increase from 2023. Additionally, 1,826 FDI projects were announced, up 11per cent from the previous year,” Sheikh Hamdan said.

“Dubai's exceptional FDI performance reflects the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, whose strategic guidance has driven economic growth, fostered innovation, and reinforced the city's global leadership, aligned with the goals of the Dubai Economic Agenda D33, he added.