UAE recorded highest ever FDI in 2022 with Dh84 billion

UAEUAE recorded highest ever FDI in 2022 with Dh84 billion

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.UAE recorded highest ever FDI in 2022 with Dh84 billion

   

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.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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