The UAE has welcomed 90 new companies into its NextGen Foreign Direct Investment (FDI) program, reinforcing its reputation as a key destination for multinational technology partnerships. This initiative, launched by the Ministry of Economy, aims to attract innovative businesses and foster economic growth in the region. The Ministry of Economy highlighted that this influx of...
India has emerged as the leading source of foreign direct investment (FDI) in Dubai, contributing $3.018 billion in 2024. This investment marks a significant increase from $589 million in 2023, representing a fivefold growth. The data highlights India’s dominant position among top investors in the emirate, followed by the United States, France, and the United...
The UAE Cabinet has officially approved the National Investment Strategy 2031, aiming to transform the country into a leading global strategic investment hub. This initiative targets an increase in annual foreign investment inflows from AED 112 billion in 2023 to AED 240 billion by 2031. According to WAM, during the meeting chaired by His Highness...
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. The Ministry of Investment revealed that foundational...
The Dubai Free Zones Council (DFZC) has highlighted the achievements of Dubai’s free zones in 2024, attributing their strong performance to efforts in economic diversification. These developments align with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai As ARN News mentioned in their piece,...