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Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

UAE tops Arab countries as best Foreign Direct Investment hub

The move aligns with the ‘We the UAE 2031’ vision.
By TRENDS Desk
June 10, 2022 9:24 am
  • 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 report showed that global flows of FDI recovered to pre-pandemic levels last year, reaching US$1.58 trillion, an increase of 64 percent compared to 2020

United Arab Emirates ranked first among Arab countries for attracting Foreign Direct Investment (FDI) in 2021, according to the newly released United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2022.

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 report showed that global flows of FDI recovered to pre-pandemic levels last year, reaching US$1.58 trillion, an increase of 64 percent compared to 2020.

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