Page 356 - MOE ENGLISH PR REPORT - JANUARY 2024

1/25/24, 4:51 PM UAE recorded second-highest increase in number of new foreign investment projects in 2023: UNCTAD – The Gulf Time Newspaper
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 global benchmarks in economic growth, non-oil foreign trade,
and the attraction of foreign direct investment. This underscores the increasing confidence of the global

business community in the UAE’s economy, policies, legislative environment, and commitment to
sustainable growth.

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