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3/13/25, 2:41 PM UAE consolidating its position as strategic destination for FDI - Eye of Riyadh

UAE consolidating its position as strategic destination for FDI

The UAE has solidified its position as one of the world's most preferred investment destinations, successfully attracting foreign
direct investments that have boosted its cumulative balance.

In 2024, the UAE issued 200,000 new economic licences across various economic activities, with more than 1.1 million

companies and economic institutions operating in its markets.

According to data from the Ministry of Investment, the total new and announced capital inflows of foundational Foreign Direct
Investment (FDI) in 2023 reached $16 billion, reflecting the UAE’s status as a preferred destination for international investors.

The UAE continues to attract significant foundational investments from various countries, highlighting its dynamic business
environment and strategic economic initiatives that create job opportunities, drive innovation, and support sustainable growth.

The country’s vibrant investment landscape serves as a key driver of economic expansion and capital inflows, reinforcing its
position as a leading global investment hub.

Abdullah bin Touq Al Marri, Minister of Economy, told the Emirates News Agency (WAM) that the UAE is committed to
providing a competitive legislative environment for new economy sectors. Over the past six years, the country has developed

and issued more than nine key economic legislations aimed at expanding businesses and projects in new economy sectors
within its markets.

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