Major visa reforms, easing foreign firm entry pay off as Dubai retains top spot for tourism FDI – Arabian Business

Major visa reforms, easing foreign firm entry pay off as Dubai retains top spot for tourism FDI – Arabian Business

Dubai has emerged as the most attractive destination for foreign direct investments in the tourism sector in 2021, a new report showed.

The UAE emirate generated $1.7 billion across 30 FDI projects, according to The Financial Times’ FDI Markets, making it number one in FDI capital, projects, and job creation.

Around 5,545 new jobs were created during the year, according to the rankings which is based on investment destinations that attract 10 or more greenfield FDI projects in a year.