Tag: FDI

Foreign Direct Investment in Saudi Arabia rises to US$215 billion

RIYADH: Khalid Al Falih, Saudi Minister of Investment, said that the pro-investment measures introduced by Saudi Arabia in recent years include the introduction of the Civil Transactions Law, Private Sector Participation Law, Companies Law, Bankruptcy Law and Special Economic Zones. These reforms have helped drive rapid investment growth, with gross fixed capital formation increasing by […]

Invest in Sharjah highlights emirate’s industrial strength, attracting global investments, driving growth

Sharjah strengthens its position as a key player in FDI growth and economic resilience during the Make It in the Emirates Forum at the Abu Dhabi Energy Center. Sharjah’s manufacturing sector attracted USD 18.9 million in FDI in 2023. Abu Dhabi: The Sharjah FDI Office (Invest in Sharjah) has announced substantial progress in strengthening the […]

Dubai launches its economic agenda for the next 10 years “D33”: targets to achieve an economy of AED 32 trillion over the next 10 years with many other ambitious goals

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the Dubai Economic Agenda ‘D33’ with the ambitious goals of doubling the size of Dubai’s economy over the next decade and consolidating its position among the top three global cities. ‘D33’ comes with […]

Dubai maintains world ranking as top FDI destination for tourism

Dubai: Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021. With AED6.4 billion in FDI across 30 FDI projects during the year, Dubai ranked number one in FDI capital, projects, and job creation in the tourism sector in 2021, according to The Financial Times’ fDi Markets data, […]

Odisha Government seeks FDI from UAE, CM Naveen Patnaik met key UAE business groups to promote investment in the state

UAE-based multinational retail conglomerate, Lulu Group International signs an MOU worth Rs.1,500 crore to explore investment opportunities in Odisha to set up Hypermarkets, shopping malls, and Agri & Seafood sourcing and processing hubs in Bhubaneswar, Cuttack, and Rourkela. Dubai: June 29, 2022 – Riding on the last two years of a high level of investments […]

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