
Dubai retains top spot for global FDI attraction in 2024
Dubai has been ranked the world's number one destination for Greenfield Foreign Direct Investment (FDI) projects for the fourth consecutive year, according to Financial Times Ltd.'s 'fDi Markets' data.
In 2024, the city attracted AED 52.3 billion ($14.24 billion) in FDI, a 33.2% increase from the previous year, marking the highest FDI value ever recorded in a single year.
Dubai also saw a record 1,117 Greenfield FDI projects and 1,826 announced FDI projects, creating 58,680 jobs. The city's impressive performance highlights its thriving business environment, world-class infrastructure, and favorable regulations, driven by the Dubai Economic Agenda D33, which aims to double the economy by 2033.
In 2024, Dubai ranked globally in various sectors, including business services, IT, and financial services, solidifying its position as a hub for investment, innovation, and job creation.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of The Executive Council of Dubai, said Dubai's emergence as a frontrunner in the global investment landscape has been inspired and guided by the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
For the fourth year in a row, Dubai has been ranked as the world's top destination for Greenfield Foreign Direct Investment (FDI) projects, according to Financial Times Ltd.'s 'fDi Markets' data. In 2024, the emirate attracted 1,117 Greenfield FDI projects worth over AED52… pic.twitter.com/DdaTyFXrtt
— Hamdan bin Mohammed (@HamdanMohammed) March 9, 2025
'Dubai's ability to steadily consolidate its status as a leading global destination for foreign direct investment reflects its commitment to delivering exceptional value to investors worldwide.
The city's ranking as the world's No.1 destination for attracting Greenfield FDI for the fourth consecutive year is a testament to its ability not only to set new global benchmarks for sustained, rapid growth but also to continuously evolve its investment proposition in response to changes sweeping the international market.
This success is the result of a strategic vision that keeps pace with economic and technological transformations, aligned with the ambitious objectives of the Dubai Economic Agenda D33 to double the size of the emirate's economy by 2033 and establish it as one of the world's top three urban economies.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
44 minutes ago
- Al Etihad
UAE President, Pakistani Prime Minister discuss bilateral cooperation, regional developments
12 June 2025 18:34 ABU DHABI (WAM) UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received His Excellency Muhammad Shehbaz Sharif, Prime Minister of the Islamic Republic of Pakistan, who is on a working visit to the the meeting, which took place at Qasr Al Shati in Abu Dhabi, His Highness and the Pakistani Prime Minister exchanged Eid Al-Adha greetings, offering prayers for continued prosperity for both nations and peace and stability across the Muslim world and two sides discussed ways to strengthen bilateral cooperation, with a particular focus on the economic, investment, and development sectors. They reaffirmed their commitment to deepening constructive ties and broadening their partnership in pursuit of shared interests and national development goals that aim to deliver greater prosperity for both Highness Sheikh Mohamed bin Zayed and Prime Minister Sharif also reviewed a range of regional and international issues of mutual concern and exchanged views on recent developments. They emphasised the importance of supporting international efforts to promote stability and strengthen peace both regionally and Pakistani Prime Minister commended the efforts of His Highness in advancing peace, security, and stability at both regional and global levels. He highlighted the key role played by UAE diplomacy in promoting dialogue and finding common ground for diplomatic solutions to conflicts and crises around the world. He also expressed his appreciation for the UAE's ongoing support to Pakistan and its impactful development initiatives in the meeting was attended by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser; His Highness Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan, Advisor to the UAE President; Ali bin Hammad Al Shamsi, Secretary-General of the Supreme Council for National Security; Mohamed bin Mubarak Al Mazrouei, Minister of State for Defence Affairs; Dr. Ahmed Mubarak Al Mazrouei, Chairman of the President's Office for Strategic Affairs and Chairman of the Abu Dhabi Executive meeting was also attended by the accompanying delegation of the Prime Minister of Pakistan, which included a number of ministers and senior officials. Earlier Thursday, Prime Minister Shehbaz Sharif arrived in Abu Dhabi, where he was received at Al Bateen Airport by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, along with a number of senior officials.


Sharjah 24
an hour ago
- Sharjah 24
SCCI underscores need for facilitating trade missions to Ethiopia
Strengthen bilateral trade and investment ties The Chamber also seeks to strengthen bilateral trade and investment ties between the UAE and Ethiopia, as part of its strategic vision to expand the outreach of its trade mission throughout Africa. These remarks were made during a meeting, held at SCCI's headquarters, between Abdallah Sultan Al Owais, Chairman of SCCI, and Aklilu Kebede Erena, Consul General of the Federal Democratic Republic of Ethiopia in Duba and Northern Emirates. The meeting was attended by a number of SCCI board members, alongside Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Dr. Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, and several officials from both sides. Discussed ways to strengthen economic partnership During the meeting, both sides discussed ways to strengthen economic partnership between Sharjah and Ethiopia. They underscored the potential for expanding investment and trade in key sectors such as agriculture, manufacturing, technology, and infrastructure. They also addressed the importance of co-hosting economic events, including exhibitions and conferences that bring together business communities from both countries, thereby fostering the exchange of expertise and supporting the growth of mutual investments.4 The efforts can by further reinforced by the Memorandum of Understanding signed between the Sharjah Chamber and the Ethiopian Investment Commission (EIC), which provides a strategic framework for enhancing bilateral economic and investment cooperation. AED 34 billion between 2013 and 2022 Abdallah Sultan Al Owais extended a warm welcome to the visiting delegation and praised the strong and growing economic relations between the UAE and Ethiopia. He noted that non-oil trade between the two countries recorded a growth of more than 180% over the past years, reaching a cumulative value of AED 34 billion between 2013 and 2022. He added that these positive outcomes pave the way for broader economic and trade collaboration between the two friendly nations, enabling both sides to capitalize on their diverse investment opportunities. Reaffirmed the Sharjah Chamber's commitment to deepening economic partnerships with East African countries Al Owais reaffirmed the Sharjah Chamber's commitment to deepening economic partnerships with East African countries, noting that the African continent, particularly Ethiopia, possesses significant investment potential in key sectors. This positions the continent as a highly attractive destination for investors and business leaders from Sharjah and the UAE at large. For his part, Aklilu Kebede Erena commended the Sharjah Chamber for its proactive efforts to enhance bilateral economic cooperation and its commitment to fostering closer ties between the business community in Sharjah and its counterparts in Ethiopia. He emphasised that Ethiopia welcomes foreign investment and offers promising opportunities in vital sectors including agriculture, manufacturing, energy, and infrastructure.


Zawya
3 hours ago
- Zawya
EDGE Group and Leonardo to strengthen strategic partnership with groundbreaking joint venture
Abu Dhabi, UAE – EDGE, one of the world's leading advanced technology and defence groups, and Leonardo have confirmed their mutual intent to establish a joint venture (JV) in Abu Dhabi. The JV will create a cutting-edge technology hub in the UAE, strategically positioned to serve global markets through a unified and synergistic approach. The MOU was signed by H.E. Faisal Al Bannai, Chairman of EDGE Group, and Roberto Cingolani, CEO and General Manager of Leonardo during a recent visit to Abu Dhabi. This agreement marks the latest step in strengthening the collaboration between EDGE and Leonardo. The new JV will represent a landmark in global defence collaboration, covering multiple domains and integrating some of the most advanced and sophisticated technologies, including Naval C2 systems and combat system ballistic missile defence; counter-unmanned aerial systems (C-UAS); airborne capabilities for maritime multi-mission aircraft (MMA); optronics; air defence; and high-performance computing (HPC) electronics for missile applications. About EDGE Launched in November 2019, the UAE's EDGE is one of the world's leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive. With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials. EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers. Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 35 entities into six core clusters: Platforms & Systems, Missiles & Weapons, Space & Cyber Technologies, Trading & Mission Support, Technology & Innovation, and Homeland Security. For more information, visit For media enquiries, please contact: EDGE Group Press Office media@