H.H. Sheikh Mohammed hails growing global confidence in UAE economy
The UAE has recorded a major surge in foreign direct investment, with inflows reaching AED 167 billion in 2024.
That's a 48 per cent increase from the previous year, according to a new report from the United Nations Conference on Trade and Development (UNCTAD).
The UAE ranked second globally, after the United States, in attracting greenfield FDI projects, with 1,369 new projects announced in 2024.
The report also shows the UAE captured nearly 37 per cent of all FDI inflows to the region in 2024.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, described the report as a global vote of confidence in the UAE's economy.
He also highlighted the country's efforts to attract AED 1.3 trillion in foreign investment over the next six years.
Sheikh Mohammed credited the clear development plan under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, a unified government team, and the people who stand behind their leadership as the driving forces behind the UAE's continued economic success.
The UAE ranked 10th globally as a leading destination for inbound FDI in 2024, achieving an unprecedented AED 167.6 billion (USD 45.6 billion) in FDI inflows, according to the (UNCTAD) World Investment Report 2025. @Inv_UAE pic.twitter.com/erayDdevxh
— UAEGOV (@UAEmediaoffice) June 19, 2025
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