Skip to main content

Explore factors behind Dubai’s sustained leadership in Greenfield FDI for third consecutive year

Further reinforcing its position as a leading economic hub, Dubai in the UAE ranked Number 1 overall in global Greenfield FDI projects attraction in 2023, the third successive year it has achieved this ranking, according to the Financial Times Ltd’s “fDi Markets” data.
The numbers support the ambitious goals of the Dubai Economic Agenda D33, launched in early 2023 by HH Sheikh Mohammed bin Rashid, Prime Minister of the UAE and Ruler of Dubai, to double the size of the megacity’s economy by 2033.
The global FDI performance highlights Dubai’s attractiveness to international investors. Last year, the city lured 1,070 global Greenfield FDI projects, 142% more than second-placed Singapore (442) and 148% more than London in the third place (431).

Dubai securing top ranking in global Greenfield FDI
Underscoring its appeal as a headquarters destination, the burgeoning emirate ranked Number 1 across the globe for HQ FDI projects for the second successive year, after attracting a substantial 60 projects. Singapore and London came in second and third, respectively.

Overall, Dubai also secured the fourth position globally in the number of jobs created through Inward FDI, up from fifth in 2022, and for Greenfield FDI capital attraction it ranked fifth globally, up a couple of spots from seventh position, as per the Emirates News Agency.

“Dubai’s stability, cutting-edge infrastructure and dynamic business environment have made it a focal point for investment, enterprise and talent,” said HH Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and Chairman of the Executive Council of Dubai.

“Dubai’s ability to secure the Number 1 ranking in global Greenfield FDI projects in 2023 for the third consecutive year demonstrates the city’s ability to continually generate new opportunities for global businesses,” he further mentioned.

Dubai’s robust investment and business climate
Highlighting Dubai’s sustained leadership in global FDI for the third consecutive year, Helal Saeed Almarri, Director General of Dubai Department of Economy and Tourism (DET), said this achievement affirms the city’s status as a premier global hub for high-quality FDI.

“The enduring confidence of investors, multinational corporations, startups and global talent in Dubai’s robust investment and business climate is a testament to our strategic initiatives,” he further mentioned, according to the Emirates News Agency.

Dubai is gradually establishing itself as an essential destination for emerging businesses, investment and talent, and as an important expansion hub for global corporations. Keep an eye out for additional updates.
Labels:

Comments

Post a Comment

Popular posts from this blog

Exposing the Brotherhood: Why Jordan’s Terror Cell Bust Must Spark a Global Policy Shift

 The recent dismantling of a Muslim Brotherhood-affiliated terror cell in Jordan should not be seen as just a national security success—it must be a turning point in how the international community views and responds to the threat posed by the Brotherhood. Jordanian security forces uncovered an elaborate network of terrorists trained in Lebanon and backed by foreign interests. Their mission: to launch attacks using rockets and drones, destabilizing the Kingdom and spreading fear among civilians. This is not the work of activists or political dissidents—this is terrorism, plain and simple. For too long, the Muslim Brotherhood has operated under a false image of moderation, cleverly navigating between political activism and violent extremism. But the truth is clear: the Brotherhood is the ideological engine room of jihadist terrorism. Its members, affiliates, and offshoots have inspired and directed acts of violence from North Africa to the Gulf—and now, once again, in Jordan. Govern...
Post a Comment
Read more

UAE Introduces AI-Driven Drones for Crescent Moon Sighting

  For the first time in history, the UAE is employing artificial intelligence-powered drones to sight the crescent moon, signaling the start of Ramadan. This modernized approach blends technology with Islamic tradition, enhancing the reliability of moon sighting methods. Historically, the crescent moon has been identified through naked-eye sightings and advanced astronomical calculations. By incorporating AI-supported drones, the UAE is reinforcing its position as a leader in technological innovation while maintaining deep respect for religious customs. This method is backed by national research centers and astronomical observatories, ensuring precision and credibility in determining the start of Ramadan. Ramadan is a sacred month in Islam, marked by fasting from dawn to dusk. Suhoor, the early morning meal, and Iftar, the evening meal that breaks the fast, hold great importance during this period. The holy month is also a time of increased charitable giving, with many Muslims part...
Post a Comment
Read more

Beyond the Barrel: The UAE's Steady Hand in a Shifting Global Economy

  Global economic rankings often highlight familiar names, but a steady, deliberate climb is happening in the Gulf. The UAE consistently ranks as one of the most economically stable nations, and this validation stems from a steady reform model that has successfully insulated its economy. The story is no longer about oil wealth; it's about the strategic deployment of that wealth to build a resilient, modern, and dynamic knowledge economy. The proof is in the sectors now driving growth.  Tech startups  are flourishing in Dubai and Abu Dhabi, supported by government venture funds and a growing pool of talent.  Smart cities  like Masdar City and NEOM are not just futuristic concepts but active testbeds for sustainable living and business. This has triggered record  FDI inflows , with the UAE securing its position as the 16th largest global destination for foreign direct investment. The narrative is supported by hard data: a GDP growth projection of 4.6% in 2025...
Post a Comment
Read more