Expo 2020 success, tech infra investments lift UAE to top of regional FDI confidence index: report – ArabianBusiness

Expo 2020 success, tech infra investments lift UAE to top of regional FDI confidence index: report – ArabianBusiness

The UAE has ranked 14th globally and first in the region in Kearney’s 2022 Foreign Direct Investment (FDI) Confidence Index.

The country is one of only four emerging markets on the 2022 index along with Qatar, China, and Brazil, and has recorded a higher ranking this year in an increasingly competitive global FDI attraction environment.

Rudolph Lohmeyer, partner, National Transformations Institute, Kearney Middle East, said: “The UAE’s steady rise in the rankings in the past years speaks to the power of consistency and momentum. With Expo 2020, the country had a surge of tourism and new businesses opportunities. These have contributed to the growth of the country’s GDP, new job opportunities at various levels, and an estimated foreign direct investment of $33.2 billion (AED 122 billion).