UAE detects $ 45.6bn direct investment in foreigners in 2024, targeting $ 354bn inflow

UAE detects $ 45.6bn direct investment in foreigners in 2024, targeting $ 354bn inflow

UAE is named 10th largest recipient of Direct Directors of Foreign (FDI) In 2024, drawing at AED167.6bn ($ 45.6bn) in inflows, according to the United Nations reports and development)

This marks a 48 percent adding year-on-year, the state of the country’s state as a global magnet for capital, especially in strategic sectors. UAE also counts for 37 percent of all FDI flow in the east region of 2024.

Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of UAE, and Ruler of Dubai said: “In an international vote of trust in UAE economy, the most recent report of the United Nations Conference on Trade AED167B ($ 45bn) last year, marking a 48 per cent of growth compared to last year.”

UAE Decard Delard Providment

“UAE is worth 37 percent of all alien direct investments in regional investments. From every $ 100 invested in UAE.

“Our next goal is to persuade AED1.3TN ($ 354bn) to foreign direct investments in the next six years.

“Our foundation is strong, our future promises, and our focus on our goals is clear crystal. Our message is simple: The economy is the most important policy.”

The UAE is also the second global rank – after the United States – for the number of newly announced projects in Greenfield FDI, with 1,369 new initiatives valued at AED53.3BN ($ 14.5bn).

In contrast to a global slowdown of Greenfield project growth (0.8 percent), UAE achieves 2.8 percent growth.

Top sectors for Greenfield FDI in 2024 include:

  • Software and this service: 11.5 percent
  • Business services: 9.7 percent
  • Renewable Energy: 9.3 percent
  • Wool, gas, and coal: 9 percent
  • Real Estate: 7.8 percent

The energy sector is alone in AED4.8BN ($ 1.3bn), supporting the UAE target of triple adjusted capacity of 2030.

Cumulative FDIVE in UAE reaches $ 270.6bn in 2024, driven by a 10.5 percent compound compound annual growth from 2015, when the inflows of annual growth year

Mohamed Hassan Alsuwidi, the Minister of Investment, said: “Recording before FDI levels and UAE repair to establish UAE as a leading view of global investment.

“The Ministry of Investment is committed to developing a comprehensive regulatory and legislative design that is consistent with our national priorities, the needs of investors who are attracted to worldwide world.

“Empostersem of UAE has become a global model, thanks for the strength, extreme, strengthening the intentions of ambushing the ambition of the SAAE position.

“We provide a clear passage to drive prolonged growth, double investment opportunities, to be considered priority sectors, and open new developing companies and expanding future markets.”

National investment strategy targets AED2.2tn ($ 599bn) in the cumulative FDI in 2031, with a study of advanced production, repairing envelated service, financial technology.

United Arab Emirates Climming Climming reinforced:

  • FULL Ownership of foreign companies in Mainland
  • A competition 9 per cent of corporate tax rate
  • Streamlined licensing processes
  • Legal Frameworks such as Dubai International Arbitration Center

Its appeal to its world is strengthened by 21 comprehensive agreements in economic collaboration and 120 bilateral investment agreements.

To attract talent, United Arab Emirates ranks worldwide (Finsad’s Talent Competitiveness Index 2024) and third in attracting AI Talent (AI Index AI

The new milestones include a $ 1.5bn AI joint efforts between Microsoft and Abu Dhabi-based G42, which highlights the growing role in the country of digital turialiformation.

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