The United Arab Emirates ranked first in the Arab world and 19th globally in the index of the United Nations Conference on Trade and Development (UNCTAD) for the largest economies in the world exporting foreign direct investment in 2019.
According to UNCTAD, the value of direct foreign investments in the UAE increased by 5.4% last year to reach 58.72 billion dirhams. ($16 billion). The UAE was also among the top 25 recipient countries for foreign direct investment last year, with investments totaling 51.38 billion dirhams, (14 billion dollars) in the growth of inflows, adding an equivalent to one-third of the investments received by the country in 2018. The UAE came in the fifth place among the largest exporters of investments at the level of developing Asia in the past year.
According to the report, the cumulative total investment attracted by the UAE increased to 565.58 billion dirhams, (154.11 billion dollars) at the end of last year, compared to 234.4 billion dirhams; (63.87 billion dollars) at the end of 2010. The cumulative inventory of Emirates investments abroad increased from 203.91 billion dirhams; (55.56 billion dollars) at the end of 2010, to 570.43 billion dirhams; (155.43 billion dollars) at the end of last year.
Source (Al-Khaleej Newspaper-UAE, Edited)