- News
- Dubai ranked 1st globally in terms of capital inflows into cultural projects
Dubai ranked 1st globally in terms of capital inflows into cultural projects
According to the Financial Times report, in 2023 compared to 2022:
– Volume of Foreign Direct Investment (FDI) in Cultural and Creative Industries (CCI) Amounted to $3.2 billion, rose by 50%
– 21,563 New Jobs Were Created in Culture and Tourism Sectors, inceased by 74%
According to the Dubai Department of Economy and Tourism data:
– In 2023, Dubai Attracted FDI for 898 Projects in CCI – a 50% Increase Compared to 2022
– Total FDI Capital Inflow Increased by 60%
TOP 3 source countries for FDI capital inflows into Dubai CCI:
- UAE – 33.2%
- USA – 12.4%
- UK – 9.1%
More about real estate
Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.
Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.
all podcasts
Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.
All articles