Mauritius: A complementary and welcoming partner for UAE investors

Mauritius: A complementary and welcoming partner for UAE investors

A Lux Island Resorts hotel is the perfect place to experience the famous Mauritian hospitality

Renowned as a tropical paradise for discerning holidaymakers, the island of Mauritius has a thriving and diverse economy that is supported by a world-class international finance centre

Published: Mon 12 Dec 2022, 12:45 PM Last updated: Mon 12 Dec 2022, 12:49 PM

The stunning island nation of Mauritius in the Indian Ocean boasts a diverse and expanding economy. Having seen its gross domestic product (GDP) increase by 3.7 per cent in 2021 to reach $10.95 billion, it is thought to have grown by a further 7.2 per cent in 2022 and another 5 per cent rise is predicted for 2023.

The country also enjoys one of the highest foreign investment rates in Africa, thanks to a multitude of opportunities that are increasingly on the radar of UAE investors since Mauritius’ Economic Development Board opened a representative office in Dubai in March. This should help boost bilateral ties in high-potential sectors such as information technology, manufacturing, healthcare, the ocean economy, renewable energy, property development and, in particular, financial services.

“We have been so successful at promoting our white beaches, sea and sun that some see Mauritius only as a tourism destination.