#FDI

UAE to grow trade ties in Asia and Africa

The Gulf state will expand economic ties with countries including South Korea, Indonesia, Kenya, Ethiopia and Turkey

Dubai FDI supports expansion by Amazon Web Services in UAE

The new AWS Middle East (UAE) region will have three availability zones

Saudi Arabia Riyadh

Saudi Arabia issues highest-ever number of foreign investor licences in a single quarter

It issued 478 licenses in Q1 2021, a 36 per cent increase over the corresponding period last year

FDI UAE

UAE FDI inflow climbs over 44% to $19.88bn in 2020

FDI outflows meanwhile amounted to $9.2bn and covered various vital economic sectors

Dubai FDI

Dubai records Dhs24.7bn FDI in 2020

Dubai ranked fourth globally in FDI capital flows into greenfield projects

Sharjah

Sharjah attracted $220m FDI in 2020

There was a 60 per cent increase in the number of FDI projects between Q3 and Q4 in 2020

Dubai attracted around Dhs12bn of FDI in H1 2020

There were 190 FDI projects announced in the emirate in H1 2020, around 50 per cent of them being greenfield initiatives