Dubai retains top spot in attracting new FDI projects
Dubai has retained its top spot globally in attracting foreign direct investment (FDI) projects in 2022, achieving 89.5% YoY growth in total announced FDI projects. In fact, Dubai attracted a record 837 FDI projects in 2022, achieving a year-on-year growth of 89.5%.
The emirate surpassed other cities in attracting FDI in "future-oriented sectors" such as software, IT, and renewable energy, and also emerged as the world leader in attracting FDI projects in the creative industries cluster and research and development projects
This demonstrates Dubai's commitment to combatting climate change and providing a stable long-term framework for cooperation. The emirate's continued success in attracting FDI projects is a promising sign for its economic growth and development.
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