UAE ranks in global top 20 in key FDI confidence index – ZAWYA

UAE ranks in global top 20 in key FDI confidence index – ZAWYA

The United Arab Emirates has ranked 19th globally in the 2020 Kearney Foreign Direct Investment (FDI) Confidence Index, up from 21st place when it was last represented in the index in 2017.. The country's ranking reflects positive investor sentiment based on the government's strong commitment to economic diversification, innovation, infrastructure and ease of doing business - among other factors.. At the outset of the survey period, before the spread of the virus, business leaders were reasonably bullish about the global economy and the future of direct investment.. Developed markets will continue to do well this year, likely because they show strength in the factors that investors tend to prioritize, including an attractive investment environment and strong technological infrastructure.". The responses suggest that investments will likely occur in developed markets where these factors are generally stronger-and where the damage from Covid-19 is expected to be comparatively lower.. Only three emerging markets rank on the Index this year: China, Brazil, and the United Arab Emirates-their lowest share in the Index, but the same as last year..