UAE posts close to 30% FDI growth

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has taken to social media to praise the UAE's continued attractiveness for Foreign Direct Investment (FDI).

In a post on social media platform X, His Highness highlighted a new report issued by the United Nations Conference on Trade and Development and covering 200 economies around the world.

It showed that FDIs around the world were 18 per cent lower in 2023 than the previous year but despite the global decline, the UAE recorded the second highest global increase in foreign investment projects.

Sheikh Mohammed said the UAE attracted new growth of 28 per cent after the United States in 2023, preserving its investment attractiveness, international competitiveness, and ability to attract business, ideas, and talent.

We enter the new year with optimism, confidence, and positivity, he added.

في تقرير جديد صادر عن مؤتمر الأمم المتحدة للتجارة والتنمية ويغطي 200 اقتصاد حول العالم .. كانت تدفقات الاستثمار الأجنبي المباشر حول العالم أقل بنسبة 18٪ في عام 2023 عن العام السابق .. ورغم هذا الانخفاض العالمي سجلت الإمارات ثاني أعلى زيادة عالمية في مشاريع الاستثمار الأجنبي…

— HH Sheikh Mohammed (@HHShkMohd) January 21, 2024