New FDI projects in the UAE have recorded steady growth and acceleration over the past four years. According to FDI Intelligence, between 2020 and 2023, the UAE registered more than 4,500 new foreign investment projects worth $41.13 billion (Dh151 billion).
The number of foreign projects in 2020 reached about 327 new projects worth $ 9 billion, in 2021 it reached 455 new projects worth $ 6.6 billion, and in 2022 the number of projects reached 879 new projects with a total of $ 10.45 billion, rising to1280 new projects in 2023 worth $ 15.08 billion.
In 2023, the UAE moved up three places in the global ranking of the most attractive destinations for new FDI projects, rising to second place globally, after the United States of America, which came in first place with 1,966 projects.
Source (Al-Khaleej Emirati Newspaper, Edited)
