DUBAI, UAE: Dubai has emerged as a world leader in foreign direct investment (FDI), with its strategic location, favorable tax incentives, and strong economic poliDubai’s strategic location, favorable tax incentives, and strong economic policies have positioned the emirate as an attractive market for foreign direct investment (FDI) inflows and economic growth. Dubai Chambers, a non-profit public entity, is committed to driving growth in international trade and investment and is hosting the Dubai Business Forum next month to further cement the emirate’s position as a global leader in FDI.cies positioning the emirate as an attractive market for FDI inflows and economic growth. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, explores global trends in FDI and highlights Dubai’s role as an international FDI leader.
FDI projects are key to Dubai’s economic ambitions, fueling growth through capital accumulation, creating valuable jobs, increasing productivity, and enabling access to cutting-edge emerging technologies. Across the world, Dubai is seen as an ideal location for FDI projects, and these flourishing enterprises are now supporting homegrown talent and attracting new workers into the emirate.
Dubai Chambers is building on this success by securing even more FDI projects and catalyzing a dynamic investment environment across the emirate. The most recent data released by the Dubai Department of Economy and Tourism’s (DET) FDI monitor confirms extremely healthy FDI growth, with the city of Dubai announcing 880 FDI projects between January and June 2023, representing year-on-year growth of 70%.
By ensuring that Dubai maintains its status as a major hub for FDI, Dubai Chambers is supporting the goals of the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy over the coming decade. A healthy FDI ecosystem encourages economic diversification and promotes innovation, leading to significant job creation.
Next month, Dubai Chambers is hosting the Dubai Business Forum in Madinat Jumeirah, aimed at global corporations, visionary leaders, and fast-growing businesses. This must-attend event creates a perfect opportunity for the global business community to forge partnerships, cultivate international networks, and unlock new opportunities. During the event, participants will be able to learn more about the future of FDI in Dubai and gain valuable insights from heads of state, policymakers, and industry experts.
Dubai Chambers’ commitment to driving growth in international trade and investment is reflected in its innovative platform, ‘The Deals Hub,’ a dedicated space for businesses to forge partnerships and announce new initiatives, investments, and commercial alliances. This platform is set to further cement the emirate’s position as a global leader in FDI.
Dubai’s emergence as a global leader in FDI is a testament to its strategic location, favorable tax incentives, and strong economic policies. Dubai Chambers’ commitment to driving growth in international trade and investment is reflected in its innovative platform, ‘The Deals Hub,’ and the upcoming Dubai Business Forum, which creates a perfect opportunity for the global business community to forge partnerships, cultivate international networks, and unlock new opportunities.
 inflows and economic growth. Dubai Chambers, a non-profit public entity, is committed to driving growth in international trade and investment, and is hosting the Dubai Business Forum next month to further cement the emirate's position as a global leader in FDI.){kind=link}