Skip to main content

UAE ranks 11th globally in terms of its ability to attract foreign direct investment (FDI)

Thanks to its visionary leadership and strategic initiatives, the UAE continues to experience increased global trade and investment openness. Despite a 2% decline in global investment flows in 2023, the Gulf state saw a remarkable 35% surge in foreign direct investment (FDI) inflows.

The UAE rose five places last year to rank 11th globally in its ability to attract FDI, according to the World Investment Report 2024 released by the UN Conference on Trade and Development (UNCTAD).

Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, stated: “The UAE is continuing to move in the right direction to strengthen its position as a preferred global destination for foreign investors … a haven for ambitious entrepreneurs and creative thinkers …”

UAE’s NextGenFDI Initiative and CEPA Program

The UAE provides an excellent investment environment through its world-class infrastructure, flexible legislation, advanced technology, and initiatives that stimulate business across various sectors, as noted by Dr. Thani Al Zeyoudi in media reports.

He emphasized the NextGenFDI initiative – the first integrated package to facilitate company formation and offer banking, visa, and real estate services in a streamlined manner – and the Comprehensive Economic Partnership Agreement (CEPA) program.

Since the end of 2021, the UAE has been implementing the CEPA program, concluding several agreements with strategically important countries for global investment and trade.

Most Attractive Arab Country for Investment

Thanks to its strategic initiatives, the UAE attracted a substantial amount of foreign direct investment last year, totaling $30.7 billion. This figure is nearly three times that of its closest competitors in the Middle East.

The UAE accounted for 45.4% of the total FDI inflows to the Arab region ($67.6 billion), 47.1% of the total inflows to West Asia ($65.2 billion), and about 38.6% of the total FDI inflows to the MENA region ($79.5 billion) in 2023.

Dr. Thani bin Ahmed Al Zeyoudi highlighted that the UNCTAD data confirms the Emirates' steady and confident progress towards economic diversification and sustainable development, according to media reports.

Unmatched Benefits of Starting a Business in the UAE

The UAE offers numerous incentives to investors, supports entrepreneurship, and facilitates the establishment of more companies to diversify income sources. The nation continues to enhance its economic environment to attract more foreign investments.

Starting a business in the UAE takes just 15 minutes. There are over 2,000 economic activities available for foreign investors, with regulations excluding only a limited number of strategically important activities.

The UAE also offers a Golden Residency visa system for investors, entrepreneurs, and talented individuals, allowing them and their families to settle down, establish businesses, and enjoy long-term stays. Additionally, the UAE imposes no income tax on individuals.
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

Sky Care: How the UAE’s First Hospital Vertiport is Redefining Emergency Response

  Imagine a critical patient, a time-sensitive organ for transplant, or a specialist medical team needed across a bustling city. On the ground, traffic is a formidable adversary, where every minute lost can alter outcomes. Now, imagine that same journey taking minutes instead of an hour, not by navigating the roads, but by soaring gracefully above them. This is not a scene from a sci-fi film; it is the new reality in the United Arab Emirates. In a landmark move that solidifies its position on the global stage of innovation, the UAE has officially launched the nation’s — and the region’s — first hospital-based vertiport at Cleveland Clinic Abu Dhabi. This isn’t just a helipad with a new name. It is the cornerstone of a fully integrated, city-wide advanced air mobility (AAM) ecosystem, marking a profound convergence of cutting-edge aviation, AI-driven healthcare, and sustainable infrastructure. The Launch of a Lifesaving Corridor The project is a powerful collaboration between aviati...
Post a Comment
Read more

UK Business Migration to the UAE: An Economic Transformation Set to Triple by 2035

  A significant realignment is underway in the global business landscape. The corridor between the United Kingdom and the United Arab Emirates is experiencing a dramatic surge in traffic, not of tourists, but of companies, entrepreneurs, and capital. Projections indicate that the number of UK businesses operating in the UAE is on a trajectory to triple by the year 2035. This is not a fleeting trend but a strategic migration fueled by a powerful combination of economic foresight and pragmatic policy. For UK businesses, the appeal is clear and compelling. The UAE offers a starkly contrasting environment to the complexities of the European market post-Brexit. The cornerstone of this appeal is a favourable tax regime, featuring zero percent income tax and a competitive corporate tax structure. This financial efficiency is coupled with groundbreaking reforms that allow for one hundred percent foreign ownership of mainland companies, giving investors full control over their ventures. The...
Post a Comment
Read more