Dubai ranks third in the world in the overall ranking of the Future Cities Index for Foreign Direct Investment 2021

Hamdan bin Mohammed: Mohammed bin Rashid’s vision laid solid foundations for Dubai’s supremacy as the best location for investment in the region and the world

• Dubai's economy enjoys high levels of flexibility and the ability to face challenges.

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His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, affirmed that “the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has laid solid foundations for Dubai’s supremacy as the best location for investment in the region and the world,” expressing His Highness expressed his happiness with the new achievements made by the emirate in the "Future Cities Index for Foreign Direct Investment 2021/2022", which confirms Dubai's regional leadership and global supremacy in attracting foreign direct investment.

Crown Prince of Dubai: - "The readiness and integration of Dubai's investment environment has put it at the forefront of reliable global destinations for investors." - "Strengthening the strategic components and transforming challenges into real opportunities, one of the most important priorities for the coming period." - "Dubai's retaining investor confidence is a strategic goal, and a priority that we will continue to achieve despite the global challenges surrounding."

Dubai came in third place in the general ranking of the index worldwide, and second place in the ranking of the sub-index, the main cities category, according to the winners' report issued by FDI Intelligence, a specialist in foreign investment around the world, and affiliated with the Financial Times Foundation.

His Highness the Crown Prince of Dubai affirmed that “the readiness and integration of Dubai's investment environment, with its solid, soft and digital infrastructure, is among the best in the world, and has placed it at the forefront of reliable global destinations for investors.” His Highness indicated that strengthening the strategic components of the investment environment in the emirate Dubai, and converting the challenges posed by the current global crisis into real opportunities for effective investment in sustainable development are two of the most important priorities for the coming period, directing His Highness to continue working on developing the investment environment and enhancing the leadership position of the emirate within the global foreign investment indicators, in order to enhance the attraction of global and emerging companies. , Which is looking for an integrated investment environment that enhances the success, growth and expansion of its regional and global business.

Global center

His Highness said in a tweet on “Twitter” yesterday: “Thanks to the vision and directives of His Highness Sheikh Mohammed bin Rashid ... Dubai reaffirms its supremacy as a global investment center ... by achieving third place in the general ranking worldwide, and second in the sub-index of the main cities category. Within the index (future cities for foreign direct investment), issued by (FDI Intelligence) ».

His Highness added: “Dubai maintains the confidence of investors and develops it by establishing successful partnerships with the global investment community, by enhancing its economic readiness and integrating elements of its investment environment ... a strategic goal and priority that we continue to achieve despite the global challenges surrounding .. so that Dubai remains always the best destination for business and investment.”

His Highness added: “We value all sincere efforts that stand behind Dubai’s successive achievements, even at times when the world is witnessing difficult challenges and exceptional circumstances .. Thanks to the forward-looking vision of our wise leadership, the high efficiency of Dubai’s infrastructure, and the flexibility of its legislative environment with our insistence on success .. We will remain. Continuing the march of excellence ».

Vision proactive

The Director General of Dubai Economy, Sami Al Qamzi, affirmed that “the achievement of the emirate being at the forefront of Dubai regionally and its global supremacy in the index (Global Future Cities 2021/2022) issued by the Financial Times Foundation. », Reflecting the proactive vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, to quickly respond to global developments, which made Dubai from The most important global investment destinations and strengthened their leadership and readiness for the future ».

Al Qamzi explained that "Dubai's economy enjoys high levels of flexibility and diversity, the speed of adaptation to changes and the ability to face challenges, as well as other basic factors, such as infrastructure and legislation, ease of doing business and its flexibility to keep pace with transformations, and to create the best investment environment suitable for investors." The advanced classification of the Emirate of Dubai in readiness for the future will enhance the attraction of influential investments in sustainable development in the coming stage, especially in the sectors of food, agriculture, health and advanced technology in the fields of industry, trade and logistics.

A global destination

For his part, Fahad Al-Gergawi, Executive Director of the Dubai Investment Development Corporation, one of the Dubai Economic Institutions, affirmed that “the Emirate of Dubai has maintained an advanced position among the top 10 in the indicators of the best global investment destinations over the past five years, thanks to the vision and guidance of the wise leadership, which Dubai has established itself as a preferred global destination for foreign direct investment. ”He pointed out the importance of the new achievements made by Dubai within the“ Future Cities Index for Foreign Direct Investment 2021/2022 ”, and confirms the emirate’s superiority, its readiness for the future, and the confidence of the community. Investors globally, through a comprehensive analysis of its investment environment through data and benchmarking.

Al-Gergawi explained that the index issued by the Financial Times Corporation relies on data from the FDI Markets Index, which monitors capital flows and new foreign direct investment projects around the world, and reports the FDI Benchmark index, which identifies the best locations for foreign investment. In addition to the survey presented by the Dubai Foundation for Investment Development to the jury, indicating that the report of the results of the "Future Cities Index for Foreign Direct Investment 2021/2022" showed success. Dubai Plan 2021, to enhance the emirate's position as a major hub in the global economy.

Top destinations

Al-Gergawi stressed that Dubai has become at the forefront of the world's most ready and flexible investment destinations, thanks to the continuous development of the investment environment in the emirate, and the superior capabilities it has demonstrated in managing the (Covid-19) pandemic in terms of health and economy, in a way that supports the recovery and growth efforts of foreign direct investment, and overcoming current challenges. This is reflected in the emirate’s rise in the overall ranking of the index from sixth to third after Singapore and London, thus confirming its global supremacy.

He explained that Dubai is classified outside the framework of large, medium and small cities, in a special international classification, which is the "category of major cities", which is characterized by a developed and stable investment environment in attracting capital and foreign investment projects in the long term.

It is noteworthy that the Emirate of Dubai has made great progress in the “Future Cities 2021/2022” index, in terms of the classification of major cities, as it came second in the general ranking of the index worldwide, as well as The second place in the sub-indicators of economic opportunities and a business-friendly environment after Singapore, and the third place in the communication sub-index after Singapore and Hong Kong, the Emirate of Dubai strengthens its superiority over many major cities in the world of finance, business and investment around the world.

In the foreign direct investment strategy index, Dubai ranked eighth in the overall ranking, and strengthened its superiority by ranking third in the sub-index in the major cities category after Berlin and Hong Kong. The report indicated that Dubai’s success in the areas of infrastructure and urban development drew the attention of the jury that She commended the emirate's investment in green development.

Achievement and excellence

The achievement of Dubai's regional leadership and global supremacy in the Global Future Cities Index 2021/2022, represents a unique opportunity to introduce the development of the environment and investment opportunities in the emirate, in order to enhance the efforts to recover from the consequences of the "Covid-19" pandemic, and establish confidence The local and global investor community, with Dubai's strategic advantages as the best location for foreign direct investment in the world, as Dubai leads the regional ranking in the Middle East, West Asia, Europe and Africa, and continues to advance as the best global investment site in the future.

- Dubai is ranked second in the ranking of the sub-index, the main cities category.

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