The UAE has launched an ambitious Foreign Direct Investment (FDI) strategy aimed at tripling its FDI to Dh2.2 trillion by 2031. This announcement was made on the second day of the UAE Government’s Annual Meetings in Abu Dhabi.
In the meeting, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, outlined the strategic goals in his X account. Sheikh Mohammed pointed out the UAE’s remarkable 35 percent rise in FDI inflows in 2023—reaching Dh112.6 billion.
This plan highlights the effectiveness of the nation’s policies and the international confidence in the UAE as a prime investment destination. The National Investment Strategy 2031 builds on a strong foundation of well-crafted plans and initiatives designed to position the UAE as a leading global hub for strategic investments.
The new strategy emphasizes key sectors such as advanced manufacturing, renewable energy, and cutting-edge technology. They are in line with the UAE’s long-term vision for economic diversification and sustainable development.
According to UNCTAD, the UAE has recently moved up five places to rank 11th globally in FDI attraction. This further highlights its increasing appeal to international investors.
Mohamed bin Hassan Al Suwaidi, UAE Minister of Investment, noted that the country’s cumulative FDI balance has soared by 150 percent over the past decade. This show the global average growth rate of 97 percent.
This remarkable growth reflects the UAE’s favorable environment for investors and cultivating an attractive investment climate. With the National Investment Strategy 2031, the UAE seeks to strengthen its position as a premier investment hub.
The country continues to capitalize on its stability, strategic location, and forward-thinking policies to draw sustained foreign interest. This initiative is in line with the nation’s vision for 2031 and its broader commitment to long-term economic growth, innovation, and environmental sustainability.
