UAE to increase annual foreign investment inflows to Dh240 billion
The UAE has set an ambitious goal to more than double its annual foreign investment inflows over the next six years. Announced Monday, the National Investment Strategy aims to increase inflows from Dh112 billion in 2023 to Dh240 billion by 2031. This will grow the UAE's total foreign investment stock from Dh800 billion to Dh2.2 trillion over the next few years.
'This strategy will focus on key sectors, including industry, logistics, financial services, renewable energy, and information technology. The UAE continues to develop its economy, expand global markets, attract investments, and create the most business-friendly environment in the world,' Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of the UAE, wrote on X after chairing a UAE Cabinet meeting.
The strategy includes multiple initiatives, including financial sector development, one-market, institutional innovation attraction, and 'Invest UAE' programmes.
Current investment results peg the total cumulative foreign direct investment at Dh0.8 trillion and annual foreign direct investment inflows at Dh112 billion. The target by 2031 is to increase the share of foreign direct investment in total investments (domestic and foreign) to above 30 per cent, and reach the contribution of foreign direct investment to GDP to 8 per cent.
A new policy for combating health risks will establish national response scenarios, enhance preparedness, and develop recovery and control plans for health crises and emergencies. 'Continuous readiness for any health emergency is an essential part of strengthening health security and ensuring the highest quality of life in the UAE,' the UAE Vice-President said.
New regulations will ensure better access to life-saving treatments for individuals suffering from conditions that can only be addressed through organ transplants. 'The UAE now has more than 13 licensed transplant centers, with a 30 per cent increase in transplant procedures. Kidney, liver, heart, lung, and pancreas transplants are now being performed in the UAE, and we will continue to develop the healthcare sector to provide world-class medical services for all.'
The Cabinet also approved the launch of the National Green Certificates Programme for buildings. Non-compulsory in the first stage of implementation, the classification system is aimed at assessing and certifying sustainable buildings. It targets commercial buildings, hotels and hospitality facilities, industrial establishments, government buildings, and houses, communities , and compounds.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
30-05-2025
- Zawya
AMWAJ Development unveils Gate Eleven – Dubai's new ultra-luxury living standard in Meydan
DUBAI, UAE – AMWAJ Development, a distinguished name in crafting high-end residential and mixed-use communities in Dubai's real estate landscape, announces the launch of Gate Eleven Residences, a landmark project redefining luxury living in the prestigious Mohammed Bin Rashid (MBR) District 11, Meydan. This third and most ambitious project marks a new chapter in the company's rapidly expanding portfolio, which is set to deliver over 2.5 million square feet of premium residential space by 2026. 'Gate Eleven represents our most ambitious project to date, and it is a testament to our dedication to meeting the evolving needs of Dubai's growing luxury real estate market,' said Emad Saleh, Chairman of AMWAJ Development. 'We believe this development will provide residents with a truly exceptional lifestyle while also solidifying AMWAJ Development as a trusted name in Dubai's real estate market known for delivering quality and value' Strategically positioned just minutes from Downtown Dubai, the Dubai Mall, and Dubai International Airport, with direct connectivity to Al Ain Road, Gate Eleven is an oasis of refined living amidst the city's vibrant heartbeat. Overlooking pristine lagoons and green parklands, it offers both tranquillity and accessibility in one of Dubai's most sought-after residential districts. Strategic growth & vision With over AED 500 million invested in the past two years, AMWAJ Development is targeting a milestone of AED 1 billion by 2026. The company has three new project launches planned for 2025, reinforcing its commitment to thoughtful expansion and design-led innovation. Its first two developments, Starlight Park and The Cube Residences, achieved record sell-outs with early handovers planned, collectively valued at over AED 400 million. 'We are thrilled to launch Gate Eleven as a continuation of our vision to elevate the standard of modern living in Dubai,' said Murad Saleh, CEO of AMWAJ Development. 'Our commitment to quality, sustainability, and innovative design is reflected in every aspect of this project, and we are confident it will set new benchmarks for luxury living in Meydan.' A new benchmark in smart, sophisticated living Gate Eleven features a curated collection of elegant one- and two-bedroom apartments across a low-rise six-floor layout. Designed for both families and individuals, each unit boasts premium finishes, expansive layouts, and integrated smart home technology for seamless control of lighting, climate, and security. The project's community-centric design reflects AMWAJ's vision for building dynamic, connected neighbourhoods that foster both wellness and social connection. 'At AMWAJ, we aim to create communities that are not just about luxury but about elevating the overall living experience,' said Aida El Shahabi, COO of AMWAJ Development. 'Gate Eleven integrates state-of-the-art technology with timeless design to offer residents a smart, convenient, and elegant lifestyle. We are excited to introduce this project as the future of living in Meydan.' World-class amenities Residents of Gate Eleven will benefit from a thoughtfully curated suite of lifestyle and wellness offerings, including: Amenities: Infinity pool, gym, sauna, table tennis, boxing studio, gaming room, boho garden, yoga studio, lobby lounge, kids area and kids art studio, and pool table. Retail amenities: Restaurant, pharmacy, café, market, nail studio, barber shop, wellness centre, pet shop. Powered by strategic partnership – Zed Capital Real Estate AMWAJ has partnered with Zed Capital Real Estate as its exclusive strategic sales and property management partner. Headed by renowned property expert Zeina Khoury, Zed Capital brings deep industry expertise and full-spectrum real estate services ranging from registration and SPA processing to leasing, snagging, handover coordination, and long-term property management. 'With a client-first approach and market-leading knowledge, Zed Capital ensures every stage of the buyer journey is managed with precision and care. We're proud to have them represent Gate Eleven in the market,' added Murad Saleh. A prime investment opportunity AMWAJ is offering an investor-friendly and attractive 50/50 payment plan, with 50% due during construction and the remaining 50% on handover, scheduled for Q4 2027. With starting prices from AED 1.2 million for a one-bedroom unit, Gate Eleven presents a rare opportunity for end-users and investors seeking strong ROI and long-term value in a thriving luxury market. The time to invest is now With Dubai's real estate market continuing its healthy upward trajectory, and property values expected to potentially double in the coming years, Gate Eleven stands out for its location, quality, and long-term appreciation potential. Compared to global markets like New York, London, and Singapore, Dubai offers greater room for appreciation, making it a highly attractive destination and the ideal time to invest. ABOUT AMWAJ DEVELOPMENT AMWAJ Development is a fast-growing real estate developer in the United Arab Emirates. Its founders and management team have over 27 years of international experience in Europe and the Middle East. AMWAJ Development focuses on the construction and sale of residential and commercial projects with a commitment to deliver luxurious, contemporary family-centric living spaces in Dubai's most popular neighbourhoods. AMWAJ Properties focuses on the development and sale of residential and commercial properties committed to delivering high-quality, green spaces and innovative real estate solution in Dubai. AMWAJ Living Solutions offers after-sales services to maintain and enhance the living experience through several bespoke services including interior design and apartment customisation. AMWAJ Facilities Management ensures the optimum operation and care for the community including building and facilities maintenance, hygiene, landscaping, security, and utilities management. AMWAJ Development's mission is to redefine Dubai's luxury mid-market residential segment by delivering innovative and eco-friendly communities that set new standards for living excellence. The company is committed to creating landmark projects that offer luxurious, contemporary residences with high-quality finishing and smart technologies. Through its developments, it aims to create a cosmopolitan community that thrives on community spirit and environmental friendliness, adding significant value to the living experience and the property for both residents and outsiders. Since 1997, its founders have been at the forefront of design and construction, having delivered residential and commercial properties across Europe and the Middle East. Its success and legacy is in the artistry of its craft to deliver unparalleled quality and innovation. As it steps into Dubai's growing real estate market, its journey continues and is marked by a dedication to shaping a future that respects the environment, offers meticulously designed living experiences, and enhances the overall communities where it develops.
Emirates 24/7
28-05-2025
- Emirates 24/7
Ahmed bin Mohammed officially opens Arab Media Summit 2025
H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of the Dubai Media Council, officially opened the Arab Media Summit 2025 in the presence of prominent regional and global leaders. Attended by approximately 8,000 professionals, the Summit continues to serve as the region's foremost platform for media thought leadership, policy dialogue, and the shaping of future narratives. Joining H.H. Sheikh Ahmed at the opening were His Eminence Professor Dr. Ahmed Al-Tayeb, Grand Imam of Al-Azhar and President of the Muslim Council of Elders; Dr. Nawaf Salam, Prime Minister of Lebanon; H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE Olympic Committee; H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority; and senior media leaders, ministers, policymakers, and content creators from across the Arab region and the world. H.H. Sheikh Ahmed bin Mohammed toured the Arab Media Summit venue during which he praised the meticulous organisation of the three-day Summit and its various events. During the official opening of the Summit, His Eminence Professor Dr. Ahmed Al-Tayeb, Grand Imam of Al-Azhar and Chairman of the Muslim Council of Elders, delivered a keynote address in which he expressed his admiration for the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, which has guided this pivotal summit that serves as a vital platform for intellectual and media discourse across the Arab and Islamic world. His Eminence praised the Summit's emphasis on the crucial role of Arab media in addressing the ethical challenges of a rapidly evolving and interconnected world. He expressed the hope that the gathering would result in a practical, collaborative Arab media strategy, one that reflects the realities of the Arab world and protects its youth from the complex risks accompanying rapid technological advancement. The Grand Imam warned of the harmful influence of certain digital platforms that promote messages distorting public taste and innate morality, which blur the lines between right and wrong, good and bad. 'We, Arabs and Muslims, have suffered from media reports and narratives that distort our image in the West by linking Islam with violence, extremism, and the oppression of women,' he stated. 'These narratives falsely portray Islam as a social movement or political ideology that promotes violence, fanaticism, hatred, and rebellion against the global order.' His Eminence expressed regret that many of these misleading portrayals have made their way into the region, negatively impacting Arab media discourse. He noted that some have resorted to promoting a spurious culture that criticises anything of Arab origin or Islamic thought and orientation. "This has exacerbated existing challenges, significantly undermined pride in our identity, and widened the gap between our contemporary consciousness and our heritage.' He addressed the ongoing crisis in the Middle East, now in its 19th month, emphasising the historical responsibility of Arab media to present the facts, highlight the resilience of the Palestinian people, and keep the Palestinian cause alive in the hearts and minds of audiences around the world. "We need extensive media efforts to confront Islamophobia and address its repercussions in Western societies," he added. "This phenomenon is nothing more than an illusion or a fabrication designed to tarnish the image of Islam and undermine its principles of peace and coexistence, despite the well-established rights of humans, animals, plants, and even inanimate objects within the tolerant framework of Islamic Sharia." The Grand Imam also highlighted attempts to undermine the foundations of Eastern civilisation, its ethical and social principles, and its human and familial values. He warned against attempts to erase these morals, upon which Eastern civilisations have been and continue to be built. 'All of this places a responsibility upon us all, especially media professionals, to seriously consider how to confront these toxic winds and save our youth and our homelands from the forces of alienation, annihilation, and dissolution.' Regarding current technological advancements, His Eminence stressed that 'this technological progress, particularly in artificial intelligence, must be governed by ethical responsibility and professional guidelines to prevent it from becoming a destructive force threatening all of humanity.' He noted that 'the responsibility lies solely with experts and legislators to safeguard these technologies from deviating from their noble purposes, based on human principles far removed from any goals of hegemony, control, and cultural invasion.' He also mentioned the joint project he initiated with the late Pope Francis to develop a comprehensive document on the ethics of artificial intelligence. 'We had made significant progress in its preparation, and it was on the verge of publication, had fate not decreed otherwise with the passing of the Pope. We remain in contact with the Vatican under its new leadership to complete this project, and we hope it will be realised soon, God willing!' Addressing the challenging circumstances faced by media professionals, the Grand Imam said, 'It is our duty to remember the tragedy of our Palestinian journalist colleagues and others who have paid with their lives for the honour of the word, the sanctity of truth, and the portrayal of reality. More than 200 journalists have been martyred in Gaza, and others have suffered severe injuries, lost limbs, had their homes destroyed, lost their families, or seen their families displaced.' He concluded his address by saying, 'I call upon everyone affiliated with the noble profession of media to participate in developing an Arab media strategy that serves as a shield to protect the truth, preserve the values of our nation, and safeguard its identity. Al-Azhar is pleased to stand with you and support you in fulfilling this sacred duty.' The official opening of the Arab Media Summit also featured a keynote address by Nawaf Salam, Prime Minister of Lebanon in which he expressed his appreciation to the UAE and Dubai for hosting the Summit, commending their efforts to foster joint Arab action. The Lebanese Prime Minister extended his sincere gratitude to President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and to the leadership and people of the UAE. He expressed deep appreciation for the UAE's noble stance towards Lebanon and its supportive decisions, acknowledging the UAE's hosting of approximately 190,000 Lebanese citizens who live and work in their second home, enjoying security, safety, and quality of life. Speaking on the impact of the Arab Media Summit, Nawaf Salam said, "We meet today in extraordinary times, where media is no longer merely a conveyor of reality but a force that shapes it, building public opinion, fostering peace, and unfortunately, sometimes fuelling discord as well." He stressed the need for responsible media that prioritises truth above all else. "I speak to you from the background of a lawyer, trained to understand that truth is not built on assumptions, and that the path to justice begins with impartiality, devoid of personal interests, and with reverence for facts and evidence," he stated. "This is the noble mission shared by legal professionals and media alike: the pursuit of truth in an era rife with chaos and misinformation. "The pursuit of truth, whether in the judiciary or in the media, is fraught with immense challenges, for it demands complete detachment from all forms of bias." He pointed out that technological advancements have revolutionised communication, transforming the world into a single, interconnected electronic village. Citing statistics, he noted that over 75% of the global population owns one or more mobile devices, and more than 67 percent are connected to the internet. He highlighted the fact that 58% of people receive news through social media, much of which has unverifiable sources. The Lebanese Prime Minister spoke about Lebanon's continued efforts in reconstruction, development, and reform. He affirmed that Lebanon's true and enduring project is to build a state founded on the rule of law, strong institutions, sovereignty, and independent decision-making—a nation firmly rooted in its Arab identity, open to the world, and positioned to serve as a bridge between East and West. "The battle we are fighting in Lebanon today is not just economic or political; it is a battle of consciousness, a battle of words," he stated. "Media is not a luxury in our journey towards reform and recovery; it is a fundamental prerequisite. We want it to be a partner in restoring trust and shaping a new future for our country. We ask the media to be professional, impartial, and committed to the truth." He added, "We are at a historical crossroads in the region, a critical juncture that calls for a new media discourse that confronts attempts at marginalisation and fragmentation and reignites hope. We want a modern, vibrant, and diverse Arab media that shapes the future and does not dwell on the past. A media that opens windows, protects freedom, and does not misuse it." Nawaf Salam concluded his address with a call to action from Dubai, the city of vision and ambition as envisioned by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai: "I issue a call to every free media professional: Be guardians of the truth, be creators of awareness, be allies of progress." At the official opening of the Summit's second day, as part of the 24th edition of the Arab Media Forum, Mona Ghanem Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council, President of the Dubai Press Club, and Chairperson of the Organising Committee of the Arab Media Summit, welcomed the Summit's guests. "Thanks to your dedication and commitment, this event has become the region's most important platform for shaping the future of Arab media," she said. "Much has changed since we last met. Tools have evolved, roles have shifted, and the questions we face have grown more complex. We have witnessed a major acceleration in artificial intelligence technologies, and we have seen news channels, newspapers, and websites adopting these tools. However, at the same time, we have seen how algorithms can produce misleading content and fabricate narratives." She posed urgent questions prompted by technological disruption and the fast-moving changes in the region and the world: "Who protects the truth? Who rebuilds trust between the public and the media?. Today, more than ever, we are called upon to preserve the truth, our values, and our identity. We are called upon to protect Arab awareness from being hijacked, and the Arab voice from being distorted." She emphasised that the media's responsibility is not merely to keep up with events, but to contribute to building common ground and placing developments in their appropriate context. She concluded by underscoring the need for balanced media that fosters informed and respectful discourse in an era where facts and narratives are increasingly entangled, and platforms compete at the expense of reason, reaffirming that the institution of media is driven by trust, and doesn't just represent a profession. Follow Emirates 24|7 on Google News.
Hi Dubai
21-05-2025
- Hi Dubai
AVITA joins UAE's NextGen FDI initiative to drive AI innovation
AVITA, a leading Japanese technology firm known for its generative AI and avatar-based solutions, has joined the UAE's NextGen FDI initiative, marking a significant step in the country's push to become a global hub for artificial intelligence. The Ministry of Economy announced the move, highlighting AVITA's decision to establish operations in the UAE as a strategic win for the nation's innovation ecosystem. The company's arrival is expected to support economic diversification and elevate the UAE's standing in the global tech arena. AVITA's suite of AI-driven tools — including the AVACOM customer-support platform and Ava Training — leverages lifelike avatars to enhance service delivery, streamline operations, and foster human-like interactions across industries. These solutions are particularly valuable in addressing challenges such as labour shortages while opening new avenues for digital engagement. Hiroshi Ishiguro, AVITA's CEO and a recognised authority in human-robot interaction, has already been involved in AI research in the UAE through a collaboration between Dubai Future Lab and Japan's Science and Technology Agency. He was previously honoured with the Sheikh Mohammed Bin Rashid Al Maktoum Knowledge Award in 2015. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed the collaboration, calling it a reflection of the UAE's commitment to attracting 'visionary companies that push the boundaries of technology.' AVITA joins over 100 companies that have entered the UAE under the NextGen FDI program, which offers a suite of incentives and infrastructure aimed at enabling global firms to scale from the Emirates. Cofounder Shogo Nishiguchi described the UAE as both a gateway to the region and a springboard for international growth. News Source: Emirates News Agency
