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In an impressive testament to its economic strategy, the United Arab Emirates has made a significant leap to the 8th position on Kearney’s 2024 Foreign Direct Investment Confidence Index® (FDICI), up from 18th place in 2023, and now stands 2nd on the Emerging Market Index after China. The FDICI, now in its 26th iteration, continues to be an authoritative forecast of global FDI trends, with the UAE’s advancements reflecting its successful drive to diversify its economy and solidify its position as a strategic regional hub on the global stage.
The UAE’s multifaceted economy has witnessed extraordinary growth across key sectors that have thrived as a direct result of the nation’s diversification policies. This is reflected in the increase in FDI inflows from $20.7 billion in 2021 to $22.7 billion in 2022, representing 60% of the total FDI attracted to Gulf Cooperation Council (GCC) countries.
