UAE draws $45 billion in FDI, accounts for 37% of regional inflows

UN report hails UAE’s economic resilience as FDI surges 48% in a year

Last updated:
Khitam Al Amir, Chief News Editor
1 MIN READ
The UAE accounted for 37 per cent of total FDI flows into the region, meaning that for every $100 of foreign investment entering the region, $37 was directed to the UAE.
The UAE accounted for 37 per cent of total FDI flows into the region, meaning that for every $100 of foreign investment entering the region, $37 was directed to the UAE.
WAM

Dubai: In an integral international vote of confidence in the strength and resilience of the UAE’s economy, foreign direct investment (FDI) flows into the country surged to Dh167 billion ($45 billion) last year, marking a 48 per cent increase compared to the previous year, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD).

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, took to his official X account to announce the milestone achievement.

“The UAE accounted for 37 per cent of total FDI flows into the region, meaning that for every $100 of foreign investment entering the region, $37 was directed to the UAE. This underscores the country’s growing appeal as a global hub for business, innovation, and investment.

Globally, the UAE ranked second only to the United States in the number of new FDI projects launched last year, cementing its position as a top-tier destination for international capital,” Sheikh Mohammed said.

“The UAE has set an ambitious target of attracting Dh1.3 trillion in FDI over the next six years. We have a clear development agenda set forth by President His Highness Sheikh Mohammed bin Zayed Al Nahyan, and driven by a unified, dedicated team aligned with his directives. Our people are united around their leadership—and this is the key to our success. Our message to the world is clear: development is the key to stability, and the economy is the most important policy." the Vice President emphasised.

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