In an indicator that reflects investors' confidence in the country's markets

The UAE attracts the largest foreign direct investment in its history during 2020

The investment attractiveness of the UAE has risen steadily over the past years.

archival

The Federal Center for Competitiveness and Statistics revealed that the UAE succeeded in attracting foreign direct investments estimated at 73 billion dirhams during the year 2020, pointing out that it is the largest attracted by the UAE in its history within one year, despite the repercussions of the Corona virus (Covid-19) pandemic. This reflects the confidence of global investors in the country's markets, the advantages and great foreign investment facilities that the UAE offers to investors, and the profitable returns of these investments.

Investment volume

In a report that monitors the achievements of the state in various fields over the past 50 years, the center explained that the UAE has succeeded in steadily increasing the volume of foreign investments incoming to it, as the value of these investments increased by 82.5% in 16 years, then increased by 132.5% in six years, It rose from 40 billion dirhams and 31.4 billion dirhams in 2005 and 2015, respectively, to 73 billion dirhams in 2020.

Cumulative balance

The center confirmed that the investment attractiveness of the UAE has risen steadily over the past years, after the country was able to attract large investments, boosting its cumulative balance of foreign direct investments, to reach 554.1 billion dirhams (151 billion dollars) at the end of 2020.

The Federal Competitiveness and Statistics Center pointed out that the UAE has become one of the most preferred investment destinations around the world, and one of the most exporting destinations for foreign investment as well. It is open and attractive to investments and capital to all sectors.

world ranking

The report stated that the UAE ranked in 2020, according to the estimates of the United Nations Program for Trade and Development (UNCTAD), 15th in the world in the flow of foreign direct investment, and was ranked the most attractive country for investments in West Asia and the Middle East and North Africa.

outgoing investments

With regard to the value of foreign direct investments issued by the UAE, the report stated that the latest statistics indicate a significant development in the volume of these investments, which enabled the country to join the list of the 20 largest countries investing abroad, according to UNCTAD. These investments increased from 13.8 billion dirhams in 2005 to 77.9 billion dirhams in 2019, with a growth rate of 464.5%.

The UAE succeeded in attracting foreign direct investments estimated at 73 billion dirhams during 2020.

Huge investment deal

The UAE succeeded, despite the circumstances of the “Covid-19” pandemic, in attracting huge foreign investments during the year 2020 in various fields, including the conclusion of a huge investment deal attracted by the Abu Dhabi National Oil Company “ADNOC” with international bodies worth 20 billion dirhams. » Under it, it will receive immediate returns of 10 billion dirhams, by benefiting from the proceeds of leasing a group of its real estate assets, under a lease agreement for a maximum period of 24 years.


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