Dubai ranks first golbally in attracting FDI projects in 2021

  • Date: 09-May-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Dubai ranks first golbally in attracting FDI projects in 2021

Unveiling the annual 'DUBAI FDI Results and Rankings Highlights Report 2021', published by Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economy and Tourism (DET), Sheikh Hamdan stated, "Dubai's rise as the world's top ranked destination for foreign direct investment has been driven by the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. Under His Highness's directives, Dubai has created a stable, sustainable economic environment and a vibrant business ecosystem for companies and entrepreneurs to launch new ventures, tap new opportunities and expand their business both in the country and beyond its borders. Over the years, Dubai has also demonstrated its resilience to global economic fluctuations, earning the confidence of global investors, and enhancing its reputation as one of the world's leading lifestyle and business destinations.

"His Highness's vision fostered strong public–private partnerships that created a unique collaborative model for rapid sustainable development and led to the establishment of growth-friendly regulations and business-enabling services. Under his leadership, Dubai's government departments, free zones, and private sector partners combined their strengths to create a fertile ground for talent, enterprise, and investment in the emirate. As the winds of