Dubai Reigns Supreme in Foreign Investment Destination Race for Third Year Running

  • Date: 15-May-2024
  • Source: Arabian Post
  • Sector:Financial Markets
  • Country:UAE
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Dubai Reigns Supreme in Foreign Investment Destination Race for Third Year Running

Arabian Post -Dubai has cemented its position as the world’s leading hub for foreign direct investments (FDI) focused on establishing new ventures. According to the latest data from the Financial Times’ fDi Markets report, Dubai secured the top spot for attracting greenfield FDI projects in 2023, marking an impressive three-year winning streak. This achievement highlights Dubai’s continuous efforts to foster a business-friendly environment and its strategic initiatives to solidify […]

via Dubai Reigns Supreme in Foreign Investment Destination Race for Third Year RunningArabian Post -

Dubai has cemented its position as the world’s leading hub for foreign direct investments (FDI) focused on establishing new ventures. According to the latest data from the Financial Times’ fDi Markets report, Dubai secured the top spot for attracting greenfield FDI projects in 2023, marking an impressive three-year winning streak. This achievement highlights Dubai’s continuous efforts to foster a business-friendly environment and its strategic initiatives to solidify its place as a global center for commerce and innovation.

The emirate significantly outpaced its competitors, attracting a staggering 1, 070 greenfield FDI projects in 2023. This figure represents a substantial increase of 142% compared to second-placed Singapore (442 projects) and a commanding 148% lead over third-placed London (431 projects).