The Council of Ministers approves the national investment strategy during the next six years

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, announced that the Council of Ministers approved the National Investment Strategy during the next six years.

His Highness said in a post on the “X” platform: “Today I headed a meeting of the Council of Ministers in the Palace of Al -Watan in Abu Dhabi … We decided at the beginning of our national investment strategy during the next six years … The goal will be to raise the annual rate of foreign direct investment flow from 112 billion dirhams in 2023 … to 240 billion dirhams in 2031“.

His Highness added: “Foreign investment stocks in the country from 800 billion dirhams to 2.2 trillion dirhams during the next six years, God willing. The strategy will focus on the sectors of industry, logistics services, financial services, renewable energy and information technology“.

His Highness concluded by saying: “The UAE continues to develop the economy … open markets … and attract investments … and create the best environment for business globally, God willing“.