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FINANCIAL NEWS
Dubai attracts AED25.5bn in foreign investment in 2016
02 Apr 2017
(MENAFN) Dubai attracted Dh25.5bn in foreign direct investment (FDI) inflows last year and succeeded in keeping its position amid the top 10 global cities in drawing in foreign investments.
The country has also succeeded in attracting 247 new investment projects, which contributed to reaffirming its position as a preferred international investment destination.
Moreover, the sustained FDI inflows to Dubai emphasize the strength of the regional economy and its ability to make new chances for investors.
In addition, the advanced tech projects in many sectors, which constituted 73 percent of whole FDI projects in 2016, confirm the emirate’s leadership as a hub for finance.
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MENAFN0204201700450000ID1095361186
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