At the annual meeting of the UAE Government in Abu Dhabi, the country's Vice President and Emir of Dubai, Muhammad bin Rashid Al Maktoum, presented the UAE National Investment Strategy 2031.
This document aims to double the total volume of foreign direct investment (FDI) to $354 billion by 2031 as part of efforts to diversify the economy.
According to experts, promising industries for foreign investors in the UAE are FinTech, AgriTech, healthcare, education, e-commerce, tourism, information and communication technologies, renewable energy, etc. By the end of 2023, the Emirates ranked second in the world in terms of the number of new investment projects, which is 33% higher than in 2022. Over the past decade, the FDI balance in the UAE has grown by 150%, significantly outpacing the growth rate of the global economy.