Dubai has once again secured its position as the world’s leading destination for Greenfield Foreign Direct Investment (FDI) projects, according to the latest data from Financial Times Ltd.’s ‘fDi Markets.’
In 2024, the emirate attracted a record AED 52.3 billion ($14.24 billion) in FDI capital, marking a 33.2% increase from the previous year.
The city witnessed an unprecedented 1,117 Greenfield FDI projects, making it the highest number ever recorded in Dubai’s history. Additionally, a total of 1,826 announced FDI projects were registered, reflecting a significant 11% rise from 2023. This resulted in the creation of 58,680 jobs, a 31% increase from the prior year, reinforcing Dubai's position as a top hub for talent and investment.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attributed this success to the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum. He highlighted Dubai’s continued evolution in line with the ambitious Dubai Economic Agenda D33, which aims to double the city’s economy by 2033.
Dubai's appeal as a global investment center is driven by its strategic location, world-class infrastructure, and investor-friendly regulations. The city’s progress was further reflected in its rise to fourth globally for Greenfield FDI capital and its strong performance in sectors like financial services, real estate, and artificial intelligence.
With a robust economic environment and transformative strategies, Dubai continues to attract global investors, solidifying its status as a dynamic business ecosystem ready for future growth.
News Source: Emirates News Agency
