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Dubai seen as preferred FDI destination
Posted: Wed Jun 30 2010, 11:12 hrs
Foreign investors are looking at the UAE as an established, more advanced market as it has the experience, infrastructure and dynamic business environment, says a report.
According to the 2010 A T Kearney FDI Confidence Index report, to a great extent, Dubai is facing challenges similar to many developed economies, which is a sign of economic maturity.
However, this presents Dubai with a new set of policy challenges to support the on-going strategic investments, it added.
The report ranked UAE as the 11th global FDI destination.
In the Middle East and North Africa (MENA) region Dubai was listed as the preferred destination of choice for future Foreign Direct Investments (FDI) serving a major gateway for fortune 1000 global investors.
Fahad Al Gergawi, CEO of Foreign Investment Office (FIO) part of the Dubai Department of Economic Development believes that the results will support in maintaining and eventually improving Dubai's FDI status, thus supporting the overall economy of the UAE.
Posted: Wed Jun 30 2010, 11:12 hrs
Foreign investors are looking at the UAE as an established, more advanced market as it has the experience, infrastructure and dynamic business environment, says a report.
According to the 2010 A T Kearney FDI Confidence Index report, to a great extent, Dubai is facing challenges similar to many developed economies, which is a sign of economic maturity.
However, this presents Dubai with a new set of policy challenges to support the on-going strategic investments, it added.
The report ranked UAE as the 11th global FDI destination.
In the Middle East and North Africa (MENA) region Dubai was listed as the preferred destination of choice for future Foreign Direct Investments (FDI) serving a major gateway for fortune 1000 global investors.
Fahad Al Gergawi, CEO of Foreign Investment Office (FIO) part of the Dubai Department of Economic Development believes that the results will support in maintaining and eventually improving Dubai's FDI status, thus supporting the overall economy of the UAE.
