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12/25/2017                                gulftoday.ae | UAE is Mena’s 2nd largest FDI recipient

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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
       Add this page to your favorite Social Bookmarking websites              Dubai Chamber of        TIME OUT
                                                                               Commerce and
          Share |                                                              Industry, recently
                                                                               kicked off its Youth
                                    Comments                                   Business Voice
                                                                               series with an
                                                                               interactive workshop
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                                                                               provisional              SPORT
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