UAE’s FDI inflows to hit $22 billion this year
- Date: 21-Nov-2022
- Source: Al Bawaba
- Sector:Financial Markets
- Country:UAE
UAE’s FDI inflows to hit $22 billion this year
The UAE will continue to drive foreign direct investment (FDI) capital into the region as investors prefer the emirate due to its business-friendly policies, excellent infrastructure, and structural changes aimed at diversifying the economy, experts say.
Hatem El Safty, CEO of Business Link, said the UAE will attract a major share of $66 billion in potential FDI inflows into the Middle East, North Africa, and Pakistan (MENAP) in 2023 as global investors consider the emirate an ideal destination for investment.