Dubai ranked first in the world in terms of foreign investment in new projects

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Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai, said that the emirate ranked first in the global ranking for foreign direct investment (FDI) in new businesses (Greenfield FDI) in 2022. It has been reported TASS.

“Dubai ranked first globally for the second year in a row in attracting FDI from start-ups in 2022, with annual growth of 89.5% and FDI inflows of AED47 billion (approximately $12.8 billion).

The Emirati government’s press service said the largest investors in new projects in Dubai are the US (20%), the UK (13%), India (12%), France (5%) and Switzerland (4%). %).

Former Minister of Economic Development of Russia Maxim Reshetnikov declarationThe Eurasian Economic Union (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia; EAEU) is discussing the creation of a free trade zone with Egypt and the United Arab Emirates (UAE).

In the first half of April, the trade bloc of the Eurasian Economic Commission (EEC) reported that the EAEU and Indonesia held the first round of negotiations in Jakarta to sign a free trade agreement.

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