May 16, 2022

Dubai Week

Complete Dubai News World


Foreign investment of 76 billion dirhams in the United Arab Emirates, with a growth of 3.9% in 2021

D + D – Normal size

The United Arab Emirates saw foreign direct investment inflows of 76 billion dirhams ($ 20.7 billion) in 2021, a growth of 3.9% compared to 2020, thus increasing the overall foreign direct investment inflow to the country by the end of 2021. Reaches about 630 one billion UAE dirhams ($ 171.6 billion), an increase of 13.7% over 2020. Over the past ten years, FDI inflows into the country have increased by 116%, while the overall balance sheet of these investments has grown by 113%.

The Minister of Economy, His Excellency Abdullah bin Dukh Al Marri, said that this remarkable decision reflects the new record of the United Arab Emirates, in the light of the vision and guidance of its brilliant leadership, which must prove it once again. The strength and flexibility of its national economy, the attractiveness of its business and investment environment and what it offers. Preferred and attractive destination for global, and foreign direct investment, and pioneering projects from various international markets.

Foreign direct investment (FDI) from the country turned out to cover all major economic sectors and activities, including conventional and renewable energy, oil and natural gas, financial activities, insurance activities, the real estate sector and more.

In terms of inflows of Emirati investments to the world, they reached approximately 82.6 billion dirhams ($ 22.5 billion) in 2021, with a 19.1% year-over-year growth of 789% over the past ten years. 830.5 billion dirhams ($ 226.3 billion) by the end of 2021, and 11.1% growth compared to the end of 2020, increasing the overall balance of direct Emirati export investments to the world.

See also  229 million global views of "50 projects" news

For more details, read more:

76 billion dirhams in foreign direct investment in the United Arab Emirates2021