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FINANCIAL NEWS
FDIs in Abu Dhabi jump to 8pct
16 Jan 2017
(MENAFN) Abu Dhabi posted an increase of 8 percent in foreign direct investments (FDIs) to USD25.9bn in 2016, compared with USD24.22bn in 2015.
Meanwhile, almost 20.2 percent or Dh19.182bn of the FDIs went to manufacturing industries, with a growth rate of 11.2 percent compared to 2015.
Additionally, investments in real estate activities, involving real estate sales to non-residents took 25.2 percent of FDIs or Dh24.007bn in 2016.
Accordingly, the estimates showed an increase in FDIs in fiscal and insurance activities, from Dh13.338bn in 2015 to Dh14.672bn in 2016.
M
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