How Dubai Remains Top FDI Destination

According the Department of Economic Development, DED, Dubai continues to cement its position among the top FDI destinations in the world.

FDI inflows to Dubai last year reached 28.6 billion dirhams, and the city ranked sixth globally in terms of FDI attracted, according to the FDI Markets report of the Financial Times. Dubai also stood fourth globally in the number of new investment projects.

The first findings of ‘FDI Monitor’ of Dubai FDI showed an increase of 16 per cent in new projects in 2015, to 279 projects from 240 in 2014. Dubai has already attracted new FDI worth 17.7 billion dirhams in the first half of this year.

While speaking on the partnership between the Annual Investment Meeting (AIM) and the World Association of Investment Promotion Agencies (WAIPA),  WAIPA CEO,  Bostjan Skalar, said: “This is not the first time that AIM and WAIPA are cooperating. AIM has recently sponsored and supported WAIPA during the 21st edition of the World Investment Conference (WIC) that took place last October in Istanbul, Turkey.”

Meanwhile, several regional countries have already expressed the willing to attend the AIM 2017, including Lebanon (Investment Development Authority of Lebanon – IDAL), Jordan (Jordan Investment Commission), Morocco (Moroccan Investment Development Agency – AMDI), Tunisia (Foreign Direct Investment Promotion Agency – FIPA) and Kuwait (Kuwait Direct Investment Promotion Authority – KDIPA).

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