Page 357 - Ministry of Economy

Page 357 - Ministry of Economy - December 2017

P. 357

12/25/2017 UAE Second-Largest Recipient of FDI in Middle East | Al Bawaba
Follow @AlBawabaBiz ﮫﯾﺑرﻌﻟﺎﺑ Log In Search

HOME NEWS BUSINESS ENTERTAINMENT SPORTS WEATHER EDITOR'S CHOICE THE LOOP Country Specific News
Home » Business » Economy And Policy » Uae Second-largest Recipient Of Fdi In Middle East
ALSO IN BUSINESS 1 - 5 of 15

Stable Outlook for GCC's Middle East's IPOs up 55 UAE Ready for 5G Roll- Etihad Scraps All Flights to Sharjah Ruler to Increase
Banking Sector in 2018: Percent in 2017: Report out, Says Regulator Tehran, Starting Next Salaries of Government
Moody's Month Staff in 2018

UAE Second-Largest Recipient of FDI in Middle East

Published December 6th, 2017 - 14:42 GMT via SyndiGate.info
Rate Article: Tweet comment (0) A N E T F L I X F I L M
Share: Facebook Twitter Google+ Linkedin Pinterest Delicious Stumbleupon Digg Reddit

WATCH NOW
RELATED VIDEOS
See video Dubai Financial Market

See video Feb 5, 2011: A gas
pipeline supplying fuel
to Jordan and Israel
exploded

See video The first UAE-made
satellite KhalifaSat
The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East,
and the 11th largest in Asia. (File photo)

The total Foreign Direct Investment, FDI, of the UAE jumped to $117.9 billion in 2016, from $109
billion in 2015, a growth of 8.2 percent, according to recent reports.
FROM AROUND THE WEB
According to the 2017 Global Investment Report published by the UN, the UAE is the second-largest FDI
recipient in the Middle East and the 11th largest in Asia, with the UK, Japan and Hong Kong as main
investors.
In 2016 alone, the UAE attracted $8.9 billion, a 1.7 percent increase on 2015. The bulk of the UAE's FDI
is concentrated in retail and wholesale trading, real estate, insurance and manufacturing industry sectors.
"FDI can be used as a vehicle to achieve sustainable economic growth. In the UAE, we are continuously
working to adopt policies and structures that will ultimately provide us with the right environment to not
only be able to attract FDI, but also retain its positive effects and desired spillovers," Sultan bin Saeed Al
Mansouri, UAE Minister of Economy, said.