In 2022, the United Arab Emirates (UAE) ranked fourth globally in the Foreign Direct Investment (FDI) inflows, receiving Dh84 billion (US$ 23 billion), a UN Conference on Trade and Development (UNCTAD) report said on Wednesday.
The FDI inflows amounting to Dh84 billion last year was the highest ever in the Country’s history.
Taking to Twitter, the Vice-President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum revealed that the Country achieved record figures despite a decline of 12 percent in FDI inflows globally.
“The UAE has taken the lead in global investments coming to the region… The United Nations report also confirmed that the UAE is the fourth largest recipient of new investments in the world, with a total of 997 projects, after the US, Britain and India, recording an increase of 80 percent in new projects compared to the preceding year,” Sheikh Mohammed wrote on Twitter.
ضمن نتائج تقرير الاستثمار العالمي 2023 الذي تطلقه منظمة الأمم المتحدة للتجارة والتنمية (الأونكتاد)… حققت دولة الإمارات في 2022 أعلى رقم في تاريخها لتدفقات الاستثمار الأجنبي المباشر بقيمة 84 مليار درهم (23 مليار دولار) رغم الانخفاض العالمي بنسبة 12% في حركة الاستثمارات الأجنبية…
— HH Sheikh Mohammed (@HHShkMohd) July 5, 2023
