Tuesday, 30 July 2013

The UAE's Foreign Direct Investment Windfall » Gulf Business

The UAE's Foreign Direct Investment Windfall » Gulf Business:

"Foreign direct investment (FDI) flows into the UAE surged around 20 per cent to reach Dhs32.9 billion ($8.9 billion) in 2012, with Dubai accounting for almost 90 per cent of the flows, according to official data.

The emirate alone attracted FDI flows of Dhs29.4 billion in 2012, up 26.5 per cent compared to the previous year.

Proximity to strategic markets, domestic growth potential, expanding infrastructure and logistics, improvements in business climate and regulations are the key drivers bringing in foreign investments, according to Dubai FDI, the foreign direct investment office in Dubai’s Department of Economic Development."

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