For the fourth year in a row .. Dubai is the first destination in the world in attracting new foreign direct investment projects

Dubai, March 9 / WAM / Dubai has maintained its first center in the world in attracting new foreign direct investment projects for the fourth year in a row, according to the “Financial Times – FDITESTS” data on direct foreign investment markets.

In the year 2024, the emirate attracted 52.3 billion dirhams ($ 14.24 billion) of new foreign direct investment projects, representing an increase of 33.2 percent over the number recorded in the year 2023 of 39.26 billion dirhams (10.69 billion US dollars), to constitute the highest value recorded in the emirate for foreign direct investment in one year since 2020.

On this occasion, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense and Chairman of the Executive Council of the Emirate of Dubai, affirmed that Dubai continues to achieve more achievements that are established from the emirate’s position as a global business capital and an attractive destination for new foreign direct investment projects, which reflects the capabilities and capabilities of the emirate as a link of leading pioneering in the global economy, and its attractiveness to international investors, and that Thanks to the good directives and the ambitious vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, “God bless him”.

His Highness added that this achievement reflects the confidence that Dubai has as a favorite destination for investors and international companies, and confirms the success of Dubai’s ambitious economic strategy that focuses on sustainability, innovation and global competitiveness.

His Highness said, “This success is the fruit of a strategic and advisory vision to keep pace with global economic and technological transformations in order to achieve the Dubai Economic Agency D33, which aims to double the size of its economy by 2033, and to establish its position among the three most important economic cities in the world.
His Highness added: “This prestigious global status that Dubai has achieved as a prominent global destination in attracting new foreign direct investment projects, is only a new station in the Dubai march towards global economic leadership. We are continuing to consolidate the culture of innovation, enhance the competitiveness of the economy, and create an exceptional business environment that enables companies and investors to achieve growth and prosperity. We are also in a steady pace towards strengthening the position of Dubai Future City, a major center for the global economy, and an incubator for the best minds and leading companies in the world.

Dubai has received 1,117 new foreign investment projects during the year 2024, to record the best performance in its history. The emirate also achieved a historic achievement in attracting foreign direct investment projects, with the announcement of 1,826 projects, an increase of 11 percent compared to the number registered in the year 2023 of 1,650 projects, according to Dubai Foreign Investment Observatory data. This achievement reflects the registration of the highest performance in the history of the emirate in terms of total foreign direct investment projects announced.

Dubai has turned into a global foreign investment center thanks to its strategies that keep pace with the requirements of the future, and this supports each of the appropriate environment for business, laws and appropriate systems, as well as its advanced infrastructure, and a distinctive strategic location, which makes it a favorite destination for investors.

During the year 2024, the emirate witnessed progress in its classification, to be ranked fourth in the world in attracting the capital of the new foreign direct investment projects, ahead of one position from its previous classification in the year 2023. While it came in the first place at the level of the Middle East and Africa in this field, according to the data of the FDI Marks company affiliated with the Fennish Times, which represents great progress in its attractiveness Investment.

The emirate also made progress in the field of providing job opportunities through foreign direct investment projects that were attracted during the year 2024, to finish third in the world after it was fourth, and achieved first place at the level of the Middle East and Africa in this field.

Dubai is witnessing a significant increase in attracting talent in important major sectors such as commercial services, as well as software technology, real estate, transportation and storage, financial services, industrial equipment, consumer products, and communications. This reflects the vital business environment in the emirate, as well as existing strategic economic policies, as well as the ability to attract specialists and experts, which enhances Dubai’s position as a leading destination for investment and innovation.

For the third year in a row, Dubai ranked first in the world in terms of attracting foreign direct investment projects by hosting the main business headquarters, as it recorded the launch of 50 new projects in the year 2024. As for the regional level, Dubai exported the list in terms of attracting new foreign investment projects and attracting capital.

The classification highlights and enhances the stimulating economic environment that Dubai has to achieve sustainable growth, as these impressive results of the 2024 foreign investment performance come within the framework of the leading projects and strategies that fall within the targets of the ambitious Dubai Economic Agenda D33 to double the size of Dubai’s economy by 2033, and enhance its position as a leading global destination for business and entertainment.

Dubai continues to establish the highest standards of excellence in investment and economic vitality, as its global market share of total new foreign direct investment projects reached 6.2 percent, and 55 percent at the level of the Middle East.

For his part, His Excellency Hilal Saeed Al -Marri, Director General of the Department of Economy and Tourism in Dubai said: “Our ability to continue to attract capital in light of global changes reflects the strategic vision and rational leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai“ may God bless him ”, in enhancing the economic emirate’s position at the global level, and at the same time confirms our commitment to developing an investment system in line with Future requirements. ”

He added, “The flow of new capital also reflects the confidence of investors, multinationals and global talents in our flexible system supported by strong partnerships between the public and private sectors, as well as the leading targets of Dubai Economic Agenda D33. A global strategy in conjunction with the continuation of a comprehensive system that enables companies to grow. Our focus is on innovation, the incubators of startups, and digital infrastructure, makes Dubai the preferred destination for those looking for growth and success in the global economy.

The data indicates that Dubai has exported the world rankings in terms of new foreign direct investment projects, attracting capital, and providing job opportunities that resulted from attracting investments in various sectors, such as consumer goods, manufacturing, transport and storage, as well as the food and beverage sector, and foreign direct investment projects in tourism, in addition to other categories such as cybersecurity, and e -commerce.

By attracting high -value foreign investments, Dubai has managed to establish its position as a major center for expanding business, which enhances its reputation as a global center for trade, technology and innovation -based growth.

Dubai has ranked the classification in attracting new foreign direct investment projects within sectors that include financial services, major headquarters, real estate, and artificial intelligence. Dubai World share of total foreign direct investment projects in advanced information technology increased from 7.3 percent in the year 2023 to 8 percent in the year 2024, which establishes its position as the best global destination for foreign direct investment projects related to advanced information technology.

For his part, Hadi Badri, Executive Director of the Dubai Economic Development Foundation, said the arm of the Economic Development of the Department of Economy and Tourism in Dubai: “Dubai continues its momentum in providing a vital environment rich in opportunities through achieving record numbers in new foreign direct investment projects for 2024. This achievement reflects the ambitious future vision of rational leadership as well as the positive and optimistic view of global investors towards Dubai”.

He added, “This success came as a fruit for our commitment to enhancing cooperation in various sectors, providing innovative solutions, and adopting an economic model based on diversity. We also focus on pioneering initiatives inspired by the ambitious targets of Dubai Economic Agenda D33 to pave the way towards sustainable growth. With the support of our rational leadership, partners and concerned authorities, Dubai continues to draw its distinguished path to become a global model for innovation and inclusiveness And achieve a sustainable value. “

With regard to the types of investments in Dubai’s foreign investment projects, the new forms of foreign investment have witnessed a remarkable increase by 23 percent, which reflects the increasing confidence of investors in innovative methods of allocating capital, while investment projects increased by 98 percent, in an indication confirming the confidence of sustainable investors and the expansion of business within the emirate. The foreign direct investment of adventurous capital recorded a 39 percent increase, which strengthens Dubai’s position as a prosperous center for startups and high -growth projects, while integration and acquisitions witnessed an 8 percent increase, indicating strong interest in business partnerships.

Dubai Foreign Investment Observatory data showed that the five most prominent countries constituted a source of capital of foreign direct investment projects that contributed to 63 percent of the total investments that Dubai attracted during the year 2024. India topped the list of countries exporting the capital of foreign direct investment projects and at 21.5 percent, followed by the United States of America by 13.7 percent, then France by 11 percent, and the United Kingdom by a rate 10 percent, and Switzerland with 6.9 percent.

With regard to the total foreign direct investment projects announced in Dubai, the five most prominent countries exported to approximately 55 percent of the total, as the UK topped the list by 17 percent, followed by India by 15 percent, the United States by 14 percent, France by 4.5 percent, and Italy by 4 percent.

Five sectors formed 53 percent of the total capital of foreign direct investment projects in Dubai during the year 2024, and 68 percent of the total foreign direct investment projects announced.

The list of leading sectors in terms of attracting capital of foreign direct investment projects is exported each of the hotel and tourism sectors by 14 percent, real estate by 14 percent, software and information technology services by 9.2 percent, construction materials by 9 percent, and financial services 6.8 percent.

The business services sector also topped the list of the most attractive sectors for foreign direct investment projects by 19.2 percent, followed by the food and beverage sector by 16.5 percent, the software and information technology services sector by 14.3 percent, the fabric sector by 9.6 percent, and the consumer product sector 8.3 percent.

According to the United Nations Trade and Development Organization, global forecasts for foreign direct investment for 2025 indicate moderate growth, enhancing economic stability, technological progress and geopolitical changes.

On the other hand, direct foreign investment expectations in Dubai remain positive for the year 2025, despite the state of global inevitability and dynamic economic changes. While the emirate is expected to continue to attract significant investments, especially in the advanced technology sectors, and also based on innovation. In view of the interest of the increasing investors with long -term assets and resistance to inflation, the appropriate organizational environment and investment incentives in the emirate contribute to maintaining their attractiveness to investors from the private sector and sovereign funds.

For more information about the foreign direct investment system in Dubai, please visit the following websites: www.dubaifdimonitor.ae and

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