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- The UAE in the global FDI Confidence Index 2024
The UAE has risen 10 places in the global FDI Confidence Index 2024
According to the consultancy firm, Kearney, in terms of foreign direct investment (FDI) attractiveness, the UAE has been ranked:
– 2nd Among the Emerging Markets
– 8th Globally
FDI Confidence Index is an annual survey of global business executives, which rates the markets likely to attract the most investment in the next 3 years.
Forecasts for the Coming Years
- According to the UAE Central Bank, the country's economy will grow by 4.2% in 2024.
- The Kearney's survey shows that the Investor Optimism Index will grow. 88% of the respondents said they will invest in the UAE within next 3 years, marking a 6% increase compared to 2023.
- As part of its diversification strategy, the UAE aims to attract $150 billion in FDI by 2031 and enter the TOP 10 countries globally in terms of FDI volume.
By the end of 2022, the inflow of investments into the UAE constituted 60% of the total volume of FDI to the GCC countries.
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