Director of the National Program for SMEs and Projects from the Ministry of Economy opens AIM Startup
- Country’s non-oil GDP forecasted to grow 3.4 per cent this year
- High-level UAE representatives to tackle new law at Annual Investment Meeting 2019
The UAE Government’s enactment of the foreign direct investment (FDI) law in 2018 is seen to help accelerate FDI flows by up to 20 percent this year, from the eight percent average growth rate, as per the recent estimates of the Ministry of Economy. The landmark law is predicted to further strengthen the already business-friendly climate in the country.
Annual Investment Meeting 2019 to host AIM-OBOR Forum
A 60/40 allocation to equities and bonds is no longer likely to be enough to offer investors the outcomes and diversification required to reach their long-term objectives – alternative investments are increasingly critical to the investor’s portfolio.
- The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European Union and the U.S. — $5.7 billion and $3.9 billion, respectively
- Annual Investment Meeting (AIM 2019) to highlight strategies and mechanisms for enhancing tech solutions to draw FDIs
Dubai ranked first globally in attracting foreign direct investments (FDIs) for artificial intelligence and robotics; while the UAE ranked sixth in the global Smart Service Index, surpassing the US, UK and South Korea. The Emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers, with the most from the European Union and the U.S. — $5.7 billion and $3.9 billion, respectively.
The United Arab Emirates has managed to achieve a qualitative leap in its economy during the recent years due to the adoption of forward-looking strategy and in anticipation of strategic plans for the future. This move has strengthened UAE’s position on the map of world economy.
UAE attracts US$10.3 bn FDI in 2017