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1/25/24, 4:51 PM UAE defies global FDI decline with a 28% increase in investments | Economy – Gulf News
UAE defies global FDI decline with
a 28% increase in investments
In the latest UNCTAD report on global economies, FDI inflows dipped by 18 per cent in
2023
Published: January 21, 2024 16:11
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Khitam Al Amir, Chief News Editor
Despite a worldwide 18 per cent decrease in FDI inflows in 2023, the UAE recorded a significant 28 per cent
increase in new foreign investment projects.
Image Credit: Shutterstock
Dubai: The UAE has emerged as a leading destination for foreign direct investment
(FDI), according to a new report by the United Nations Conference on Trade and
Development.
Despite a worldwide 18 per cent decrease in FDI inflows in 2023, the UAE recorded a
significant 28 per cent increase in new foreign investment projects, positioning it
second globally after the United States.
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