UAE re-establishes itself as top foreign investment hub in region – ZAWYA

UAE re-establishes itself as top foreign investment hub in region – ZAWYA

82% of investors plan to increase foreign direct investments in next three years - Kearney survey. The UAE is ranked 19th on the 2020 Kearney Foreign Direct Investment (FDI) Confidence Index thanks to its overall strong business environment and the economic stability in the emirates.. Click image to enlargeEighty-two percent of investors plan to increase their foreign direct investments over the next three years, and they have similar levels of interest in seeking new investments across all types of markets.. While 53 percent say their companies are seeking new investment opportunities in emerging markets, 52 and 47 percent of investors say the same for both developed and frontier markets, respectively, Kearney said.. The Gulf Cooperation Council (GCC) region is expected to contract by 7.0 percent this year and will be especially hurt by a COVID-induced crash in oil prices.. The overall strong business environment was boosting its foreign investment attractiveness, and this economic stability should support the business environment post-COVID as well," Kearney report said..