Dubai retains top global ranking for attracting FDI projects

Sunday, 14 May 2023 16:44

By ARN News Staff

Dubai has retained its No. 1 spot globally for attracting Greenfield FDI projects for the second year in a row in 2022 with 89.5 per cent year-on-year growth and FDI capital inflows of AED47 billion.

The achievement was shared by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, on his official Twitter handle.

"The emirate's share of global Greenfield FDI projects in 2022 reached 4 per cent," he added.

Sheikh Hamdan highlighted that "these exceptional achievements support the strategic vision outlined by the Dubai Economic Agenda D33" and raises the commitment "to further raise Dubai’s status as a leading global business and investment destination".

Dubai has retained its No. 1 spot globally for attracting Greenfield FDI projects for the second year in a row in 2022 with 89.5% year-on-year growth and FDI capital inflows of AED47 billion. The emirate's share of global Greenfield FDI projects in 2022 reached 4%. These… pic.twitter.com/F2ImvTDXIm
— Hamdan bin Mohammed (@HamdanMohammed) May 14, 2023

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