WAM: The Foreign Direct Investment (FDI) inflows into the UAE recorded a 3.9 percent growth in 2021 compared to 2020 to reach nearly AED 76 billion (US$20.7 billion).
As a result, the total FDI balance in the country increased to reach nearly AED 630 billion (US$171.6 billion) by the end of 2021, highlighting a 13.7 percent growth over 2020. Over the past ten years, FDI inflows into the country have grown by 116 percent, while the total balance of those investments during the same period grew by 113 percent.
Abdullah bin Touq Al Marri, Minister of Economy, said that this distinguished result is the country’s latest achievement under the UAE leadership’s wise vision and directives, which are based on the principles of proactivity and future foresight.
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