UAE FDI inflows grew 20% in 2013

April 13, 2014 1:00 am

The UAE economy ministry has said the total value of the country’s foreign direct investment (FDI) has touched Dhs2trn in the last ten years, Gulf News has reported. Last year, the UAE FDI flows grew by 20% to $11.5bn from $9.6bn in 2012, Abdul Rahman Al Saleh, undersecretary of the ministry for foreign trade sector said on the sidelines of the Annual Investment Meeting 2014 (AIM). “The UAE’s share in the FDI inflow leads the investment performance in the Middle East and Africa, while it accounts for 34% of the overall FDI inflows into the Gulf.”