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UAE is Mena’s 2nd largest FDI recipient Related Stories FRONTPAGE
December 07, 2017 Print Send to Friend Dubai-Japan
trade hits
DUBAI: The Annual Investment Meeting, AIM, will take place at the Dubai World Trade Centre from Dhs31b
April 9th -11th, 2018. The conference will discuss issues related to investment and development. DUBAI: The value of
non-oil foreign trade
The Cumulative Foreign Direct Investment, FDI, of the UAE jumped to $117.9 billion by the end of between Dubai and
2016 from $109 billion by the end of 2015, a growth of 8.2 per cent supported by increasing Japan reached
investments in areas of transformational and other heavy industries, according to recent reports. Dhs31 billion in the
first three quarters
of 2017, compared
According to the 2017 Global Investment Report published by the United Nation’s Council on Trade to a total of Dhs44
and Development, UNCTAD, the UAE is the 11th largest FDI recipient in Asia. Its main investors are billion during t..
the UK, Japan and Hong Kong. In 2016, the UAE attracted $8.9 billion, a 1.7 per cent increase on Value of 1,424
2015, with the political and economic stability of the country attracting investors. The bulk of FDI is projects in GCC GALLERY
concentrated in retail/wholesale trading, real-estates, insurance and manufacturing industry sectors. tops Dhs1.39tr
DUBAI: The
AIM is a three-day FDI focused event, an initiative of the UAE Ministry of Economy, held under the combined value of
patronage of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed the 1,424 active
Bin Rashid Al Maktoum. transport projects in
the GCC has
exceeded $392.2
With a theme, ‘Linking developed and emerging markets through FDI: Partnerships for inclusive billion (Dh1.39
growth and sustainable development’, AIM is expected to draw more than 20,000 investors, delegates trillion) in at the end PANORAMA
and trade visitors across the event. of 2017, according
to latest GCC C..
“FDI can be used as a vehicle to achieve sustainable growth. In the UAE, we are continuously working Series of
to adopt policies and structures that will ultimately provide us with the right environment to not only informative
be able to attract FDI, but also to retain its positive effects and desired spillovers,” Sultan bin Saeed Al sessions at
Mansouri, Minister of Economy, said in a statement to announce the 8th edition of the AIM Dubai’s Youth
Congress.
Hub
WAM DUBAI: Dubai
Startup Hub, an
initiative of the
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Commerce and
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kicked off its Youth
Comments Business Voice
series with an
interactive workshop
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Name: businesses
provisional SPORT
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City: ABU DHABI: Aiming
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them achieve tax
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