He pointed out that flexible and modernized economic policies, in addition to continuous innovation in infrastructure development, have contributed to consolidating Dubai’s position as a preferred global destination for many investors, international companies and visitors, which enhances its role as an essential link in the global economy.
This came during Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s briefing on the latest foreign direct investment indicators and figures in the first half of 2024 and the performance of the tourism sector in the emirate by His Excellency Hilal Saeed Al Marri, Director General of the Department of Economy and Tourism in Dubai, in the presence of a number of senior officials and managers. .
He said: “Dubai’s continued global leadership, and its topping the list of the best destinations for attracting foreign direct investment projects for the third year in a row, is the result of a long-term strategic vision and tireless efforts that consolidate its position as a leading economic power and strengthen its position among the three best cities in the world for visiting, investing, living and working.”
He added that Dubai has been able, through its advanced economic system, world-class infrastructure, and innovative investment policies, to maintain its leadership position in attracting foreign investments since 2021, which reflects investors’ confidence in the emirate’s ability to provide an environment conducive to innovation and sustainable growth.
Dubai continues to consolidate its competitiveness and attractiveness to international investors after attracting 508 new foreign direct investment projects between January and June 2024, bringing its share of attracting these new projects to 6.2% of the global market compared to 5.7% for the same period last year, according to data. Financial Times – FDI Markets, on foreign direct investment markets.
Source: WAM
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2024-10-04 10:15:36
