Dubai, UAE-- The food and beverage sector in Dubai has attracted new FDI worth $577 million from 2019 to 2023, which was made by 48 international companies from 23 countries, according to data from FDI Intelligence. The UAE’s food and beverage sector generated $16.4 billion in retail sales, including fresh...

Dubai, UAE--DMCC has kicked off the ninth edition of its global trade roadshow, Made For Trade Live, in London, seeking to attract a greater amount of foreign direct investment (FDI) from the United Kingdom. DMCC is the world’s flagship free zone and Government of Dubai Authority on commodities trade and...

Riyadh, Saudi Arabia-- Foreign direct investment (FDI) into Saudi Arabia amounted to $32.52 billion in 2022, revised upwards from $8 billion figure that had been published previously. According to SPA, the updated figure is a result of a new framework methodology for publishing FDI data in the kingdom which was...

The ongoing US-China technological decoupling is likely to harm global capabilities, Chinese Professor Wu Xiabo tells TRENDS in an interview.

"Hosting global events serve as crucial platforms, uniting experts and specialists from diverse sectors. They offer opportunities for communication, opinion exchange, experience sharing, and showcasing the latest products and services. The major economic events hosted by the UAE play a pivotal role in bolstering various economic sectors," he adds.

It will join the UAE's FDI program to expand footprint.

Despite a decline in FDI inflows in the past few years, GCC countries remain optimistic as they expect strong economic growth in 2023 and beyond.

Abu Dhabi, UAE - The foreign direct investment (FDI) in the individual category within Abu Dhabi's real estate sector has soared to AED 834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year, the emirate's Department of Municipalities...

Saudi Arabia has reentered into this year's Kearney FDI Confidence Index, which ranks the markets likely to attract the most investment in the next three years.

Doha, Qatar-- Qatar has recorded a 70 percent growth in annual foreign direct investment (FDI) between 2019 and 2022. Just last year alone, the country received $29.78 billion in foreign investments, resulting in 13,972 jobs across sectors such as business services, technology, financial services and other industries. Investment Promotion Agency...

The country received the fourth largest number of greenfield projects (997), an 84 per cent increase, behind only India (1008), the UK (1230) and the US (2075), according to the UN Investment Report 2023. UAE's impressive numbers led to an increase of the projects in West Asia by two thirds.

Both countries attract a high level of foreign investment, which provides capital for their banking sectors. The UAE is the second-largest FDI recipient in the Middle East, and Saudi Arabia is the largest one in the region.

Dubai, UAE - Dubai has achieved top global ranking in attracting Foreign Direct Investment (FDI) projects in the cultural and creative industries in 2022,  revealed Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority on Monday. According to the Dubai FDI Monitor report, compiled...

“The United States is a long-standing trade and investment partner for the UAE – and an important ally in the battle to develop alternative sources of energy,” said Al Zeyoudi, UAE's Minister of State for Foreign Trade.

Despite global economic slowdown, the firm continues to expand its partnerships and investments, with key focus on Africa and UK. Last year, its investments totalled $320m.

New Delhi, India - The GDP of the UAE went up by 7.6 percent in 2022 and the FDI inflows to the country amounted to US$171.6 billion, the UAE minister of economy Abdullah bin Touq Al Marri revealed in his speech at the CII Partnership Summit 2023, being held in...

Sharjah is a gateway to the markets of the Gulf region, with a GDP of US$1.6 trillion. It provides a solid business base for investors through six free zones and 33 industrial zones with various specialisations, which are all linked to convenient land, sea and airports, he adds.

Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a bare majority, won't impact the economy.

Overall, the two Gulf countries will continue to be major beneficiaries of the inflow of funds this year, says Nazar Musa, CEO of PRO Partner Group.

Doha, Qatar-- Qatar ranks first among the world’s top destinations for foreign direct investment (FDI), owing to its strong economic and investment momentum into 2023, according to the newly released "FDI Standouts Watchlist 2023" by fDi Intelligence. QNA said the report analyzes the macroeconomic and foreign direct investment (FDI) trajectory...

In order to achieve the Vision 2030 goals, the PIF and its portfolio companies seek to help the kingdom grow its annual non-oil GDP by about seven percent.

The UAE president Sheikh Mohamed bin Zayed Al Nahyan, and Abdel Fattah El Sisi, President of Egypt have met recently on several occasions.

According to a report by the UAE's Ministry of Economy, during the past decade from 2012 to 2021, FDIs in the country increased by 116 percent, amounting to $20.667 billion in 2021 compared to $9.566 billion in 2012.

Krush Brands, a food technology and multi-kitchen food service company, became the first business to join the UAE’s NextGen FDI initiative, the country’s Ministry of Economy announced on Tuesday. The announcement comes three weeks after the launch of the global initiative in collaboration with seven strategic partners and representatives of...

Dubai issued 45,653 new business licenses in the first half (H1) of 2022, registering a growth of 25 percent compared to the same period last year. The numbers reaffirm the success of the government's innovative new strategic approaches and policy amendments that have revitalized the economy.

Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021. With AED6.4 billion ($1.74 billion) in FDI across 30 FDI projects during the year, Dubai ranked number one in FDI capital, projects, and job creation in the tourism sector in 2021, according to...

The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion in 2021, a 19% growth compared to the year 2020.

The UAE remained the largest recipient of FDI with flows increasing from US$19.88 billion in 2020 to US$20.7 billion in 2021.

The UAE succeeded in attracting more than $20.7 billion of Foreign Direct Investment (FDI) in 2021, which reflects the confidence of investors worldwide in the country's economy, said UAE’s Minister of Economy Abdullah bin Touq Al Marri. This came during his keynote speech at the UAE-Kyrgyzstan Business Forum, which was...

Dubai ranked first in the Middle East and North Africa (MENA) region and second in the world in attracting foreign direct investment (FDI) in cultural and creative industries (CCI) in 2021. Dubai attracted 233 new projects in the creative economy in 2021. Surpassing other major cities such as New York, Singapore...

The company has obtained necessary approvals from Securities and Commodities Authority and all other relevant regulatory authorities to raise the FOL.

The emirate attracted 418 greenfield FDI projects, Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said. It ranked first in the Middle East and North Africa region and third globally, up from fourth place last year, in FDI capital inflows.

The study calls for the stability of the business environment by reforming relevant laws.

The emirate, which boasts a thriving community of startup incubators and accelerators, tops the list for foreign direct investment and technology transfer in startups, artificial intelligence and robotics sectors.

The economic ties between the UAE and India have been reinforced by growing trade between the two countries that stood at $60 billion in 2019. It is now estimated to touch $100 billion by 2030, a far cry from $180 million in the 1970s.

As regional bourses aim to compete with developed markets, questions are also being raised over the state of reforms, the future of regulation in the region.

This goal requires adopting new economic diversification strategies, in addition to supporting new economic sectors, said Minister of Economy Abdullah bin Touq Al Marri.

The Kingdom seeks to increase its net FDI inflow by 1,816 percent between 2021 and 2030, raising it to $103.5 billion annually by 2030, up from $5.4 billion in 2020.

The agreement will promote direct investment in various fields.

Non-resident foreign investors can obtain a virtual license for doing business in Abu Dhabi from any location outside the UAE and without having to meet residence procedures. The Abu Dhabi Department of Economic Development (ADDED) made this announcement at the 41st session of the GITEX Global (Dubai 2021). Mohamed Ali...

The two parties have signed an MoU to promote business establishments and Foreign Direct Investments.

A United Nations report has depicted a positive picture of global foreign direct investment during the first half of 2021. As much as $852 billion in FDI was recorded by countries across the world on the back of growing investor confidence.

Invest in Sharjah has confirmed participation at the world’s biggest fair and announced it will host discussions and specialized activities to promote business and investment opportunities in the emirate.

Bahrain has attracted three times the amount of greenfield FDI that might be expected given the size of its economy, reveals a new report.

The United Arab Emirates is seeking to lure $150 billion in foreign investments as part of a broad nine-year plan to strengthen its trade and economic ties in Asia and Africa.

The sectors in the country that attracted the most foreign investment were banking, basic items, energy, and communications.

Besides wooing $74 billion investments, the oil giant has helped the country gain the top position in the Middle East on Kearney's FDI index in 2021 after rising four spots globally.

Following a 2018 reform in the Kingdom that allowed for a first time the 100 percent foreign ownership of companies, 59 percent of new investment projects in Q1 2021 were full foreign ownership, with the remainder being joint ventures with local investors.

Egypt’s economy is expected to grow 5.2 percent during the current fiscal, compared to a projected growth rate of 2.8% in the last financial year, the the International Monetary Fund has pointed out.

*Though global FDI contracted by 35 percent, Bahrain's inward FDI stocks increased 3.3 percent to reach $31.7 billion in 2020 *World Investment Report 2021 Bahrain government plans to continue its reforms to attract direct investments Bahrain’s foreign direct investment (FDI) inflows increased by $1.007 billion in 2020, according to the...