UAE Aims to Double Foreign Investments to AED 240 Billion Annually by 2031

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the approval of the National Investment Strategy for the next six years, aiming to boost the inflow of foreign direct investments into the country, according to a post on his X account.

He stated that the strategy seeks to increase annual foreign direct investment from AED 112 billion in 2023 to AED 240 billion by 2031, while also raising the total stock of foreign investment in the UAE from AED 800 billion to AED 2.2 trillion over the same period.

The strategy will focus on strengthening investments in industries, logistics, financial services, renewable energy, and information technology, reinforcing the UAE’s position as a global investment hub.

Source: Sheikh Mohammed bin Rashid Al Maktoum – X platform.