The UAE has cemented itself as a top destination for foreign direct investment (FDI), with its thriving economy and investor-friendly policies drawing significant international interest. In 2023, the country saw a 35% surge in FDI inflows, hitting AED 112.6 billion, according to the UNCTAD World Investment Report 2024.
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The Ministry of Investment revealed that foundational FDI inflows in 2023 amounted to $16 billion, reflecting the UAE’s appeal to global investors. Key sectors fueling this growth include business services, software, IT, financial services, and industrial equipment. These investments have led to a 7.5% rise in job creation and a 37% increase in foundational FDI inflows.
Emerging industries such as renewable energy, electric vehicles, and cloud computing have also contributed significantly, creating new opportunities in the UAE’s fast-evolving economy.
Abdullah bin Touq Al Marri, Minister of Economy, told Gulf News that the UAE’s commitment to fostering a competitive legislative environment has been pivotal. Over the past four years, the country has introduced over 30 laws and policies to bolster sectors like e-commerce, family businesses, trademarks, and consumer protection.
In 2024, the UAE issued 200 000 new economic licenses, further boosting its business landscape. With over 1.1 million companies operating in the market, the UAE continues to lead in innovation and sustainable growth, reinforcing its position as a regional and global investment powerhouse.
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