Emirati Superiority in the Competitiveness of the Arab Investment Climate

  • Abu Dhabi, United Arab Emirates
  • 9 July 2024
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The UAE ranked first in the Arab world and 18th globally in the Arabic Investment and Export Credit Guarantee Corporation (Daman) composite index of the components of the investment climate in Arabic countries for the year 2023.

The ICD index monitors the performance of 158 countries, including 21 Arab countries, in 190 main and sub-indicators in areas related to the investment climate issued by 33 international bodies.

According to data from the 39th Annual Investment Climate Report in the Arabic Region for 2024, the UAE continued to lead countries as the largest recipient of FDI projects in 2023. The number of projects in the UAE reached 1,216, with a share of more than 60 percent of the total new projects in the region.

Source (Al-Arab Newspaper of London, Edited)

 

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