Dubai records 190 FDI deals worth $3.3bln – ZAWYA

Dubai records 190 FDI deals worth $3.3bln – ZAWYA

Dubai records 190 FDI deals worth $3.3bln Dubai had attracted $12.7 billion in foreign investments in H1 2019    View of Dubai Sheikh Zayed Road amidst coronavirus sterilization champaign all over UAE. Image courtesy Dubai Media Office Twitter handle.Foreign direct investments (FDI) continued to flow into Dubai as the number of announced FDI projects reached 190 in the first half of 2020, attracting an estimated capital of Dh12 billion, reflecting the emirate's strong appeal among foreign investors even during the challenging times of coronavirus pandemic.Data from the "Dubai FDI Monitor" released by Dubai Investment Development Agency (Dubai FDI) revealed that the emirate attracted foreign investment in strategic sectors such as technology, e-commerce, and pharmaceutical industries.During the first half of 2019, Dubai had attracted Dh46.6 billion in foreign investments, an increase of 135 per cent over the previous year.Data from the "Dubai FDI Monitor" released by Dubai Investment Development Agency (Dubai FDI) revealed that the emirate attracted foreign investment in strategic sectors such as technology, e-commerce, and pharmaceutical industries.Foreign direct investments (FDI) continued to flow into Dubai as the number of announced FDI projects reached 190 in the first half of 2020, attracting an estimated capital of Dh12 billion, reflecting the