Page 307 - MOE ENGLISH PR REPORT - JUNE 2024

UAE reaping fruits of visionary

leadership's forward-looking approach:

Al Zeyoudi

• Friday, June 21, 2024 10:50 PM
• 2 minutes Reading

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ABU DHABI, 21st June, 2024 (WAM) -- Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for
Foreign Trade, said that the UAE continues to reap the rewards of its visionary leadership's
forward-looking approach through increased global trade and investment openness.

“This is reflected in the record growth in foreign direct investment (FDI) inflows, which surged
by 35% in 2023, despite the downward trend in global investment flows, which declined by
2% during the same year. Additionally, the UAE jumped five places in one go to rank 11th
globally in terms of its ability to attract FDI, according to the World Investment Report 2024
released yesterday by the United Nations Conference on Trade and Development
(UNCTAD),” Al Zeyoudi said.

“The figures in the report confirm that the UAE is continuing to move in the right direction to
strengthen its position as a preferred global destination for foreign investors seeking a

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