What's Hot

    ICCPP Awarded the Golden Leaf Award at GTNF 2023

    September 22, 2023

    Exploring F5G Evolution, Huawei Launches Three Enterprise Optical Network Solutions

    September 22, 2023

    Hisense and Paris Saint-Germain Celebrates the Renewal of Their Partnership

    September 22, 2023
    Facebook X (Twitter) Instagram
    Amman MailAmman Mail
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Amman MailAmman Mail
    Home » FDIs in UAE grew by 116 percent over the last decade
    Business

    FDIs in UAE grew by 116 percent over the last decade

    August 6, 2022
    Facebook Twitter Pinterest Reddit Telegram LinkedIn Tumblr VKontakte WhatsApp Email

    The UAE has witnessed significant growth in Foreign Direct Investment (FDI) in the recent years, despite the COVID-19 pandemic. The Ministry of Economy reported that during the past decade, FDIs increased by 116 percent, amounting to US$20.667 billion in 2021 compared to $9.566 billion in 2012. Since 2013, FDI inflows have risen from $9.764 billion to $11.071 billion, $8.55 billion to $9.604 billion, $10.354 billion to $10.385 billion in 2018, $17.874 billion to $19.884 billion in 2022. As a result of this growth, the UAE was ranked 19th globally among the top 20 countries that attract foreign direct investment, as well as the first in West Asia and the Middle East and North Africa.

    FDIs in UAE grew by 116 percent over the last decadeA further increase of more than $100.5 billion in cumulative FDI balances was also recorded by the UAE from 2011 to 2021, raising from $71.02 billion to $171.563 billion last year. FDI has continued to flow into all national economic sectors in recent years. National manufacturing grew by 13 percent, healthcare by nine percent, ICT by six percent, financial, banking and insurance sectors by four percent, real estate by four percent, oil and gas by three percent, and services by two percent, according to the Central Bank of the UAE.

    Share. Facebook Twitter Pinterest LinkedIn Reddit Email

    Related Posts

    From India to Brazil, leadership transition marks G20 Summit’s conclusion

    September 11, 2023

    African Union Inducted into G20 on India’s Initiative

    September 9, 2023

    Biden and Modi cement ties as India ascends global stage

    September 9, 2023

    Digital work revolution sees the world’s gig economy expand by 12 percent

    September 8, 2023
    Latest News

    Annual Investment Meeting announces new identity as AIM Congress, gears up for 13th edition in Abu Dhabi, May 2024

    September 19, 2023

    From India to Brazil, leadership transition marks G20 Summit’s conclusion

    September 11, 2023

    African Union Inducted into G20 on India’s Initiative

    September 9, 2023

    Biden and Modi cement ties as India ascends global stage

    September 9, 2023
    © 2021 Amman Mail | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.