Dubai FDI Monitor points strong gains in foreign investments in 2017

Dubai: Dubai is fast emerging as a hot destination for foreign direct investments (FDIs), especially in high tech industries and new technologies, according to the Dubai FDI Monitor annual report on FDI trends and inflows issued by the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED).

Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said that the increase in foreign direct investment (FDI) flows into Dubai and the emirate’s ability to maintain its global leadership among FDI destinations in 2017 reflects the confidence of local and international investors in the business environment in Dubai and the UAE.