UAE launches 16 catalysts to draw foreign investment

Abu Dhabi / WAM

The UAE has created 16 catalysts that have helped to attract foreign direct inves- tment (FDI) according to relevant national statistics for the end of 2017.
Along with its political, economic, social and security stability, the country’s geographic location, competitiveness, free-market policies, encouragement for the private sector, and attractive investment environment have enabled it to lead countries that attract FDIs.
The country also has modern and advanced facilities and infrastructure, as per the highest international standards, as well as a range of laws and legislation that are in line with global developments, which create an attractive financial environment for the business sector.
The catalysts include freedom of capital movement, smart government, and tran-sparent policies, regulations, systems and laws. The country’s net FDI inflow rose fr-om $9.6 billion in 2012 to $10.4 billion in 2017, an annual growth rate of 1.6 percent while cumulative FDI inflows increased from $80.6 billion in 2012 to $130 billion during the same period.

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