Alliance-dubai.net - Growth of Foreign Investment in the Area of Modern Technologies in Dubai

Growth of Foreign Investment in the Area of Modern Technologies in Dubai

Growth of Foreign Investment in the Area of Modern Technologies in Dubai

According to the official statistics from the Dubai Investment Development Agency, there is a significant increase in foreign direct investment in the region's economy in 2018. It is particularly noticeable in the projects that involve the use of modern technologies: Robotics and artificial intelligence. Moreover, in these two areas, Dubai ranks first in the world regarding foreign direct investment. As for the high-tech sector, a significant amount of foreign funds is accumulated in the economy of the Emirate.

The stability of the region and the commitment of local authorities to keeping leading positions regarding FDI, strengthen the trust of foreign investors to the Emirate of Dubai, which, in its turn, leads to further growth of their investments in this sector.

It should also be noted that, according to the FDI Markets Financial Times index, Dubai also holds a leading position in terms of the number of new investment projects (4th) and the inflow of capital into new projects (10th). FDI Markets Financial Times tracks data on cash flows and new investment projects around the world and provides relevant analytics.

As for specific figures, this year the total increase in direct investment comprised 8.1% (compared to the same period the previous year), while the growth in the number of new projects is 43% (again, in comparison with the same period last year). Moreover, it is worth noting that most of the projects in the UAE in this sector are large investment projects with capital over $10 million.

SCROLL TO TOP