Page 156 - Ministry of Economy - December2017

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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