A growth of 147% compared to the previous year
114 foreign investment funds registered with the "Securities" during 2020
Funds have been registered or reconciled in implementation of the regulations issued by the Authority.
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The number of foreign investment funds, which were registered or reconciled in implementation of the controls issued by the Securities and Commodities Authority during the past year, reached 114, with a growth rate of 147%, compared to the number registered in 2019.
The significant growth in the number of registered foreign investment funds confirms the distinguished position and great confidence that the UAE enjoys among foreign investment institutions, supported by the attractive investment environment in place in the local market, and the facilities and incentives that encourage investment in the country.
The number of foreign investment funds registered with the Securities and Commodities Authority reached only two funds in 2016, before the number of registered funds increased in 2017 to about 270 funds and then to 164 funds in 2018, and the number of registered funds in 2019 did not exceed 46 fund before the number jumps back to the level recorded in 2020.
Thus, the total number of foreign investment funds registered, or that have reconciled their status, during the period from 2016 to the end of 2020 reached about 596 funds, according to data issued by the Securities and Commodities Authority.
Foreign investment funds hold the nationalities of many countries around the world, including: the United Kingdom, Switzerland, India, Cayman Islands, Saudi Arabia, Jersey and Pakistan, in addition to foreign funds managed by some local financial institutions.
The registered foreign investment funds vary, according to the offering purposes, into private and public offering funds.
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