Dubai recorded an exceptional influx of foreign direct investment during 2020, attracting 455 projects with a total value of 24.7 billion dirhams, according to data released by Dubai FDI Monitor and Dubai Investment Development Corporation.
The data showed that the number of jobs created by these incoming investments is estimated at 18,325 jobs.
According to the data released by the “Financial Times” on foreign direct investment markets, which is the most prominent global source of data in this field, Dubai has continued its global leadership in the ranks of the most prominent foreign direct investment destinations, as in 2020 it ranked first in the Middle East and North Africa region, and fourth Globally, in attracting foreign direct investment capital.
In this context, the Crown Prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, affirmed that “the prominent position that Dubai has reached regionally and globally in attracting foreign direct investments and providing future economic opportunities for global emerging companies and projects, is the fruit of the wise vision of His Highness Sheikh Mohammed bin Rashid. Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, thanks to which strong foundations have been laid and a clear path has been put to transform Dubai into a smart and sustainable city of the future, and to confirm its position as a leading gateway to emerging markets in the region and a major center for the global economy.
Source (Al Khaleej Newspaper-UAE, Edited)
