July 21, 2024

Last three productive years saw UAE gross $30.4Bn FDI output

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The latest World Investment Report jointly released with
United Nations Conference on Trade and Development, has ranked UAE 27th globally.

  • UAE has done exceedingly well and thwarted the global meltdown pressure and is a substantial trustworthy region around the Middle East and a global hub for Foreign Direct Investments (FDI) in past three years spanning 2016 to 2018.
  • According to World Investment Report 2019, UAE (United Arab Emirates) has received $30.4 billion of FDI (Foreign Direct Investments) from 2016 to 2018, and the overall net FDI volume accounts to a staggering AED139.1Billion.

According to a report released by United Nations Conference on Trade and Development, UAE has been ranked 27Th globally, a surge of 3 places ahead than its 2017 classification for the Net FDI attractions it garnered in 2018.

The biggest news is that it (UAE) maintained its position as the top recipient in the Arab region as it received more than $10.4 billion FDI in 2018. It also witnessed a surge in the Net outflow from $14.060 billion during 2017 to $15.079 during 2018.

This improvement in UAE FDI results and rankings comes as a result of the Net FDI flows dropping third successive year by 13 percentage in 2018 ending up at $1.3 trillion comparatively to $1.5 trillion in 2017.

There is few positive news as well as according to the Ministry of Economy and Financial affairs, “UAE Government is going to bring up a New Foreign Direct Investment (FDI) law that could catapult the Net FDI flows up to 20 percent and above in 2019.

This would also catapult and strengthen the business-friendly climate within the region and will be a prime agenda that was discussed in the Annual Investment Meeting 2019 held on April 08Th to April 10th in Dubai this year.

This Annual Investment meeting witnessed high-level representatives from the region and also a massive gathering of global audiences as well investors wherein, critical provisions of the law with other key factors were presented to get the global investors and native investors attention for making the emirate the most preferred FDI destination in the entire Arab region.

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