#FDI
The expenditure for the fiscal year 2024 alone is estimated at Dhs79.1bn, as the city seeks to accelerate growth and support the objectives D33
The emirate attracted 511 greenfield projects and climbed to sixth position in FDI capital attraction
The VP of Free Zone Regulatory Operations, DWTC talks about how the authority is focused on supporting SMEs and sustainability, and is attracting global businesses to the emirate
The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21
This represents a robust rise of 363 per cent compared to the same period in 2022
The city has emerged as one of the world’s safest and most attractive cities to live, visit and work
The country remains the leading recipient of global FDI in the GCC, attracting 61 per cent of all foreign investments into the region last year
The adoption of a monitored playbook approach is expected to drive earlier stakeholder engagement and team collaboration
The US, India, the UK, France and Switzerland emerged as the leading foreign direct investors in Dubai’s cultural and creative industries in FDI projects
Presight will work with the ministry to attract foreign direct investments to new sectors in the UAE, by deploying big data, analytics and AI in education, healthcare, infrastructure and financial services
The country’s legal and attractive tax system make it a desirable locale for international companies, institutional investors and high-net-worth individuals
The Saudi government has made more than 700 regulatory changes as it seeks to attract investors
The first set of projects includes the Dubai Unified License that will provide a unique commercial identity for all companies across economic zones
The agenda includes 100 transformative projects with economic targets of Dhs32tn over the next 10 years
Dubai witnessed FDI inflows of Dhs13.72bn in H1 2022, reflecting a growth of 14.6 per cent compared to the same period last year
The cumulative FDI balance received by the UAE also increased by 141.6 percent from 2011 to 2021
The annual ‘Dubai FDI Results and Rankings Highlights Report 2021’, placed Dubai on top globally in attracting greenfield FDI projects in 2021
The UAE aims to attract Dhs550bn worth of foreign investments to the country by 2030
The Gulf state will expand economic ties with countries including South Korea, Indonesia, Kenya, Ethiopia and Turkey
The new AWS Middle East (UAE) region will have three availability zones
It issued 478 licenses in Q1 2021, a 36 per cent increase over the corresponding period last year
FDI outflows meanwhile amounted to $9.2bn and covered various vital economic sectors
Dubai ranked fourth globally in FDI capital flows into greenfield projects
There was a 60 per cent increase in the number of FDI projects between Q3 and Q4 in 2020
There were 190 FDI projects announced in the emirate in H1 2020, around 50 per cent of them being greenfield initiatives