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FinancialNews


  • 07-10-18

    Dubai's Foreign Direct Investment jump 26 percent

    (MENAFN) Dubai's Foreign Direct Investment (FDI) was announced to have registered a 26 percent jump on annual basis during the first six months of this year, standing at USD4.84 billion.

    The official Dubai Media Office also confirmed a boost to 248 in the number of FDI projects, up 40 percent year-on-year.

    Crown Prince of Dubai Sheikh Hamdan Bin Mohammed Al-Maktoum stated: "the rise in FDI capital and projects reinforces Dubai's leading position as the preferred global location for international businesses and start-ups pursuing growth and expansion and clearly reflects investors' confidence in Dubai's economy."

    Strategic projects in Dubai alone amounted for 56 percent of the overall investment projects during the first half of this year.

    MENAFN0710201800450000ID1097536640

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