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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