Dubai retains its spot as world’s top FDI destination for tourism

Dubai retains its spot as world’s top FDI destination for tourism

DUBAI - Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021.

With AED6.4 billion in FDI across 30 FDI projects during the year, Dubai ranked number one in FDI capital, projects, and job creation in the tourism sector in 2021, according to The Financial Times’ fDi Markets data, a leading global data source on crossborder greenfield FDI investments.

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, credited the exceptional leadership and visionary policies of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, for Dubai’s remarkable achievements and its status as the world’s leading tourism FDI destination in a challenging year for the sector globally.

Sheikh Hamdan expressed his gratitude to His Highness Sheikh Mohammed bin Rashid's vision for creating a resilient financial, economic, and social ecosystem that has set a template for others to emulate, noting that Dubai’s rank as the top FDI destination for tourism reaffirms the sector’s role as a key economic driver that offers international investors confidence and an exceptional opportunity for stable and sustainable returns.

He explained that Dubai’s enabling infrastructure, business-friendly policies,