Page 149 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
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4/21/25, 9:29 AM Investopia, Deutsche Bank highlight UAE's evolving business environment
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
stands at 15 percent. The goal is to increase this to AED1.3 trillion and to triple the
total FDI balance to reach AED2.2 trillion by 2031, accelerating sustainable
economic growth.
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