The emirate ranks first in the world in attracting direct investment

The United Nations ranks “Dubai Investment Development” as the best global practice in monitoring investments

Fahd Al Gergawi: "The exceptional performance of foreign direct investment in the Emirate of Dubai and its global recognition are evidence of its efficiency and flexibility."

The Dubai Investment Development Corporation, affiliated to the Department of Economy and Tourism in Dubai, has received international recognition and appreciation for its successful efforts in identifying trends and patterns of foreign direct investment, as part of the city's position as a global investment destination.

The Foundation's Dubai Foreign Investment Monitor, Open Data Initiative, has been selected as a best practice among Investment Promotion Agencies (IPAs) for monitoring and evaluation by the United Nations Economic and Social Commission for Asia and the Pacific.

The Dubai Foreign Investment Monitor is the first system for monitoring and analyzing foreign direct investment and issuing relevant reports in the world. The observatory tracks and processes data on the flows of five different types of foreign direct investment, including newly established foreign direct investment, and new forms of investment, using an advanced methodology. and smart features.

The United Nations Economic and Social Commission for Asia and the Pacific presented the Dubai FDI Monitor in its guide on FDI policies, promotion and facilitation for sustainable development in Asia and the Pacific, which highlights FDI best practices and case studies on attracting FDI. Foreign investments, promotion and facilitation.

This new achievement of the Dubai Investment Development Corporation comes, within only a few months, of announcing its annual results and ratings, as the Emirate of Dubai ranked first in the world in terms of attracting foreign direct investment in 2021, surpassing London and Singapore for the first time.

Fahd Al Gergawi, Executive Director of the Dubai Investment Development Corporation, said: "The exceptional performance of foreign direct investment in the Emirate of Dubai and its global recognition is evidence of its efficiency and flexibility, in addition to the stability and sustainability it enjoys."

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