Net foreign investments in UAE stocks cross AED15.5b

Abu Dhabi / WAM

The net investments of non-Arab foreigners in local stocks rise to over AED15.54 billion since the start of 2022, in light of the UAE’s investment attractiveness and the strong performance of listed companies, supported by the strength and robustness of the country’s economic foundations.
According to Abu Dhabi and Dubai financial markets, non-Arab foreign investors purchased local stocks worth AED70.276 billion from the beginning of the year to the end of last week, compared to sales of some AED54.733 billion during the same period, with a net investment of AED15.54 billion as purchase proceeds.
The figures also showed that the purchases of non-Arab foreign investors in the Abu Dhabi Securities Exchange (ADX) amounted to some AED51.517 billion since the start of this year, compared to sales of about AED37.843 billion, with a net investment of AED13.673 billion as a purchase outcome.
The purchases of non-Arab foreign investors in Dubai Financial Market totalled some AED18.758 billion since the start of this year, compared to sales of about AED16.889 billion, with a net investment of more than AED1.86 billion as a purchase outcome.
The UAE was ranked 19th globally in the list of top 20 countries that attract FDIs, and the first in West Asia and the Middle East and North Africa region.
Moreover, the cumulative FDI balance received by the UAE also increased by 141.6% from 2011 to 2021, rising from $71.02 billion to reach $171.563 billion last year, representing a rise of more than $100.5 billion over 11 years.
In recent years, all national economic sectors have continued attracting FDIs. According to data from the central bank of the UAE, the national manufacturing sector grew by 13%, the healthcare sector by 9%, the ICT sector by 6%, the financial, banking and insurance sector by 4%, the real estate sector by 4%, the oil and gas sector by 3%, and the services sector by 2%, compared to 2020.