Page 346 - MOE ENGLISH PR REPORT - JANUARY 2024

1/25/24, 4:49 PM WAM - Emirates News Agency
explaining that the number of these projects increased by 28

percent compared to 2022.

The report stated that the UAE recorded the second-highest

increase in the number of new foreign investment projects

around the world after the US, which came in first place.

The report, entitled“ Investment Trends Monitor” confirmed

that the UAE has continued to maintain its global

attractiveness in attracting foreign direct investment flows,

despite the decline of these flows in many regions of the

world.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign

Trade, emphasised that the UAE is benefiting from the

forward-looking vision of its leadership by enhancing

investment and trade openness globally. The country is also

focused on improving the business environment to attract

foreign direct investment, entrepreneurs, international

talents, and creative individuals seeking an environment

supportive of innovation and sustainable economic growth.

He noted that the UAE's record foreign direct investment

projects, as highlighted in the UNCTAD report, demonstrate

the country's growing stature as a global business hub,

attracting creative ideas and investments from around the

world. Al Zeyoudi also emphasised that these numbers signify

the remarkable recovery of the national economy, surpassing

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