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12/26/2017                              UAE Business: UAE’s inbound FDI surges by $9bn in 2016




         UAE Business

             UAE’s inbound FDI surges by $9bn in 2016



             Cumulative foreign direct investment (FDI) to the UAE increased to $117.9 billion by the end of
             2016 from around $109 billion by the end of 2015, at a growth rate of 8.2 per cent, said the
             organisers of the upcoming Annual Investment Meeting (AIM) in Dubai, UAE, citing recent

             reports.

            AIM will take place at the Dubai World Trade Centre from April 9 to 11, 2018 with the
            participation of elite leaders and decision makers and high-level local, regional and international

             government officials.

            The annual forum is one of the leading regional events on FDI and is organized by the UAE
            Ministry of Economy under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, UAE
            Vice President and Prime Minister and Ruler of Dubai.
            It is expected to attract more than 20,000 investors and visitors from various developed and
            emerging markets this year and will adopt the theme ‘Partnerships for Inclusive Growth and

             Sustainable Development.
            AIM is a leading platform for strengthening the UAE’s role as a distinctive investment destination.
            In the World Bank’s Ease of Doing Business for 2018, the UAE ranked 21 out of 190 countries in
                           e
            Ease of Doing Business, up by five levels from 26th in the 2017 report.

           Sultan bin Saeed Al Mansoori, UAE Minister of Economy said: "FDI is instrumental to achieving
           sustainable economic growth. We in the UAE are constantly adopting policies and structures that
           will ultimately provide us with a suitable environment for attracting FDI and retaining its positive
           impact to attain the desired results.”


































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