Page 176 - Ministry of Economy - December 2017

12/26/2017 Annual Investment Meeting to be held in Dubai next April under theme Partnerships for Sustainable Development & Inclusive Growth | ZAWYA…
According to the 2017 Global Investment Report published by the UN Council on Trade
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and Development (UNCTAD), the UAE was the 11 largest FDI recipient in Asia. Its main
investors are from the UK, the US and India. After having declined in 2009, FDI inflows

recovered in 2016, when the UAE attracted around USD 8.9 billion to surpass the 2015
figure by around 2.2 per cent primarily due to the political and economic stability of the
country. FDI is mainly concentrated in the retail/wholesale trading, real estate, financial

services, insurance, and manufacturing sectors.

H.E. the Minister added: "The world today is highly interdependent, with any side affecting

and affected by what is happening in any other part. We face common challenges which

we can overcome through mutual efforts and synergy between governments and the
private sector which will enable us to build a future that benefits all people worldwide,
allowing them to enjoy a life of security, stability, and well-being."

With its emphasis on linking developed and emerging markets under the theme
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‘Partnerships for Inclusive Growth and Sustainable Development,’ the 8 edition of the
Annual Investment Meeting will be dedicated to discovering how such partnerships

between developed and emerging markets can be utilized to strengthen mutual objectives
through responsible FDI and the cooperative creation of solutions for today’s problems. It
will also explore how to ensure that future generations have the ability to live in a thriving

and socially and economically responsible world abundant with resources and

opportunities for all.

The UAE is an attractive destination for foreign direct investments due to several reasons,

such as the readiness and efficiency of its infrastructure and its highly developed land, sea
and air transportation which have contributed to the successful establishment of 31
diversified and specialized free trade zones; the absence of restrictions to the movement

of capital whether into or from the local markets; a strong banking sector; modern

legislation that supports the diversification of the economy; a well-regulated business
environment; high purchasing power; and a highly skilled multicultural workforce. These all

give the UAE a regional advantage as a major destination for foreign direct investment.

AIM is an international conference and exhibition that promotes cross-border investment
flow to achieve sustainable global economic growth. It is participated in by ministers and

senior government officials, investment promotion agencies, government bodies,

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