UAE Ranks Among Global Top 15 in FDI Confidence Index

UAE Ranks Among Global Top 15 in FDI Confidence Index

The country's strong enabling environment, featuring advanced technological infrastructure and high innovation levels, is also central to its FDI attractiveness. The UAE is one of only five countries globally that achieved a higher ranking this year in an increasingly competitive global FDI attraction environment. According to the new report from the global strategy and management consulting firm, investors say they are more cautious regarding FDI globally as they gear up for a long-haul economic recovery. The ranking reveals a significant fall in overall optimism about the global economy since pre- and early-pandemic levels last year; however, investor optimism about the Mena region generally remained stable. Optimism levels regarding the economic outlook for the UAE scored higher in relative terms than those documented last year, placing it among the top5 countries in terms of net optimism. "The UAE's striking rise in the rankings again this year speaks to the power of consistency and momentum. Specifically, the score is likely related to its continued investment in advanced technological infrastructure, high levels of innovation, and to the intensity and discipline of its response to the pandemic," said Rudolph Lohmeyer, Partner, National Transformations Institute, Kearney Middle East. "The UAE was among the first countries