UAE Breaks Records with Highest Foreign Direct Investment Inflows: World Investment Report 2023

2023-07-05 10:57:21

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the World Investment Report 2023, launched by the “UNCTAD” organization, showed that last year the UAE achieved the highest number in its history of foreign direct investment flows. , with a value of 84 billion dirhams (23 billion dollars).

Sheikh Mohammed bin Rashid Al Maktoum indicated, in a tweet on his official account on Twitter, on Wednesday, that this historic level of foreign investments attracted by the UAE came despite the global decline of 12 percent in the movement of foreign investments around the world.

The United Nations report confirmed that the UAE has taken the lead in global investments coming to the region. The report also mentioned that the UAE was the fourth largest recipient of new project investments in the world, with a total of 997 projects, following the United States, Britain and India, which registered an 80 percent increase in new projects compared to the previous year.

Sheikh Mohammed bin Rashid said that the UAE will achieve new historical records during the current year.

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