Foreign Direct Investments in UAE grew by 116% in past decade - News Summed Up

Foreign Direct Investments in UAE grew by 116% in past decade


Foreign Direct Investments (FDI) in the UAE witnessed significant growth in recent years, despite the challenges posed by the Covid-19 pandemic. FDI inflows witnessed remarkable growth over the last decade, rising from $9.764bn in 2013, $11.071bn in 2014, $8.55bn in 2015, $9.604bn in 2016, $10.354bn in 2017, $10.385bn in 2018, $17.874bn in 2019 and $19.884bn in 2020. Meanwhile, the value of global FDI inflows amounted to $1.6tn, an increase of 64 per cent compared to 2020. Last year, most developed countries witnessed growth in terms of FDIs. In the US, FDI inflow more than doubled to $367bn while in developing economies, FDI inflows increased by 30 per cent to $837bn.


Source: The North Africa Journal August 05, 2022 19:16 UTC



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