UAE Leads MENA in Growth Potential: : A Look at Foreign Direct Investment

 


a study done by the Frost & Sullivan analysis showed that UAE is fast reaching the growth potential that is even now in MENA and is ranked at 12th place all over the world. The work focuses on the UAE’s well-developed policies concerning the liberalisation of foreign trade and promotion of FDI to emphasise its economic development as the country’s top priority.Global Recognition: Tied at the 12th place the UAE has a favorable environment for business and has also been quite active in supporting growth oriented activities of the companies.FDI Performance: Covid-19 had its challenges as well, but the UAE was up by 4% in the FDI inflow in 2021 reaching to $20. 7 billion. This growth indicates the level of investment confidence in the stability and the growth of the economy of the UAE.Regional Leadership: As seen across West Asia, the UAE has the highest FDI appeal accounting for one-third of the regional FDI value pegged at $55. 5 billion. This explains why it plays a crucial role as the preferred investment destination in the MENA region.Investment Protection: UAE’s proactivity is supported by about 106 deals intended for the safeguard of and appeal of investments.Moving forward the UAE strategies remain to lay a development of infrastructure, encouraging innovations and the non-reliance on oil resources. It is worth noting that the UAE continues pursuing the improvement of its legal infrastructure in the region and the growth of the trade relations with other countries which indicates that the UAE is to provide for stable future development and investments.Explaining the evaluation of the UAE’s ranking and FDI ranking, it could be viewed that the country is strong and popular among investors. Thus, investing in proactive policies and strategic fields for their future development, the UAE has identified confident opportunities for its further economic development after the COVID-19 pandemic and the leadership of the MENA region.

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