Media ININ Economy We Trust
07-04-2019 Media in\ Dubai
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, said that Dubai’s economic achievements, notably the growth of foreign direct investment flows to the emirate, are the result of the ambitious vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister of the UAE and Ruler of Dubai, and the strong foundations set by His Highness to enhance the global investment environment in the Emirate of Dubai.
He pointed to the importance of foreign direct investment and its pivotal role in the transfer of knowledge and technology and attracting talent. It is also one of the main means of supporting the objectives of the Dubai 2021 Plan and the initiatives and objectives of the 50th document, which strengthens Dubai as a major hub in the global economy.
His Highness the Crown Prince of Dubai announced the new results of FDI inflows in 2018 amounting to AED 38.5 billion, a growth of 41% compared to 2017. He affirmed that the record results achieved by Dubai strengthened its position in the classification of capital flows of new investment projects, Dubai has attracted 523 foreign direct investment projects in 2018 with a growth of 43% over 2017, reinforcing its position in the number of new investment projects up from fourth to third in the world.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum expressed his delight at the fact that Dubai ranked first in the Financial Times’ best performance report on foreign direct investment in 2018, which confirmed Dubai’s superiority over London, Paris, Dublin and Singapore. For the best investment sites issued in 2018 by the FDI Markets index, which monitors the data on capital flows and new foreign direct investment projects around the world, and the FDI Benchmark Index, which identifies the best FDI sites in the world through benchmark comparisons .
The new achievements of Dubai Investment Watch (DIFC), a Dubai Economic Development Authority (DED) organization, reflect the growing confidence of investors In sustaining the emirate’s economic growth, and enhancing its global leadership and standing.
