Page 119 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 9:27 AM Home | Emirates News Agency
Supportive platforms such as Investtopia contribute to accelerating this orientation

by promoting dialogue, building partnerships, and stimulating investment flows into

these vital areas. These efforts have attracted more than $30.6 billion in FDI, up 35

percent compared to that of 2022, and has ranked second globally as the largest

recipient of new project investments in 2023.

Alsuwaidi urged the conference's participants to take advantage of the opportunities

and possibilities offered by the UAE, among which are a vital strategic location that

connects the East with the West and the North with the South; a competitive

business environment that allows up to 100 percent foreign ownership of companies

and provides of over 2,000 economic activities, tax reductions, and long-term

residency options tailored for investors and businesspeople.

In addition, he highlighted the presence of numerous free economic zones for

establishing businesses in the country, in addition to a comprehensive economic

legislative framework that encourages their expansion into the new economy

sectors.

Commenting on the conference, Saad Osseiran, Head of Private Bank Middle East

at Deutsche Bank, said, "As we mark 26 years of Deutsche Bank's presence in the

UAE, beginning in Abu Dhabi, we were proud to co-host this important platform with

Investopia. The conference underscored the UAE's ongoing efforts to position itself

as a destination for forward-looking investment and economic partnership."

The conference featured a presentation on the 'National Investment Strategy 2031'

and its role in enhancing the UAE's attractiveness for FDI in the priority sectors. It

aims to solidify the UAE's position as a leading global investment hub and leverage

the opportunities available within its investment landscape.

This strategy aims to double total FDI inflows between 2025 and 2031 to

approximately 30 percent of the total investments in the country, which currently

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