6 trillion dirhams, the total value of Emirati investments in foreign markets

Jamal Al Jarwan, Secretary General of the Emirates Council for Investors Abroad.

The Secretary-General of the "Emirates Council for Investors Abroad" Jamal Al-Jarwan stated that the total value of Emirati investments in foreign markets amounted to 1.6 trillion dollars, equivalent to about "6 trillion dirhams".

In statements on the sidelines of a conference held by the council yesterday in Dubai on the occasion of the council's launch in its new form, in the presence of the Minister of Economy and Chairman of the Council, Abdullah bin Touq Al-Marri, and the membership of 18 Emirati companies from among the largest national companies investing abroad, he pointed out that "Emirati investments are currently distributed in more than 60 countries. He pointed out that the UAE leads in foreign investments in West Asia, the Middle East and North Africa.

He added that "Emirati investments abroad continued to record varying growth rates despite the repercussions of the "Corona" pandemic, as it was present on the global scene at the time of the pandemic through its sovereign funds and other national companies, noting that "the UAE recorded strong recovery rates at economic levels." repercussions of the pandemic.

He explained that "Emirati investments abroad included many sectors, most notably energy, telecommunications, real estate, retail, securities, bonds, banks, mining, tourism, agriculture, ports, in addition to the logistical and health fields."

 He pointed out that the repercussions of the "Covid 19" pandemic had its repercussions on various economic and investment activities, and given these changes;

Currently, investment trends are concentrated in ten promising sectors, the most important of which are: technology, health, food, logistics, transportation, ports and infrastructure,” noting that “the UAE has a clear and insightful vision in future economic directions.”

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