UAE

Dubai Ranked First Globally in Attracting Foreign Direct Investment Projects

Dubai Ranked First Globally in Attracting Foreign Direct Investment Projects

Dubai has maintained its global first place in attracting foreign direct investment (FDI) projects for the third consecutive year, according to data from the Financial Times - fDi Markets index, as reported by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum in a post on his official account on the platform "X."

According to the index data, Dubai accounted for 6% of the total volume of foreign direct investment projects last year, attracting 1,650 foreign investment projects worth more than 39.2 billion dirhams. These projects contributed to the creation of approximately 45,000 job opportunities, as mentioned in the index.

Sheikh Hamdan bin Mohammed stated: "We are committed to achieving the goals of the Dubai Economic Agenda D33 to double the size of Dubai's economy and make it one of the top 3 economic cities in the world... Our message to the local, Arab, and global business community is clear and direct... We are with you, as your success is Dubai's success."

For the third consecutive year, Dubai has maintained its global first place in attracting foreign direct investment projects according to the Financial Times - fDi Markets data, with the emirate accounting for 6% of the volume of these projects globally... In 2023, the emirate attracted 1,650 foreign investment projects worth more than...

Our readers are reading too