UAE poised to achieve $30bn in foreign direct investment in 2024

Fuse Financial Technologies (Fuse), a cross-border payments business in the Middle East for global businesses, cites that the UAE is rapidly becoming a global business hub with the country recording the second-highest number of new foreign investments globally this year. The UAE is poised to achieve a record $30 billion in foreign direct investment (FDI) inflows in 2024 , a testament to its favourable business environment and strategic initiatives aimed at attracting international enterprises. The Dubai International Chamber (DIC) achieved a year-over-year (YoY) growth of 48% in the number of multinational companies (MNCs) and small and medium enterprises (SMEs) that …

https://www.tahawultech.com/news/uae-poised-to-achieve-30bn-in-foreign-direct-investment-in-2024/

Comments

Post a Comment

Popular posts from this blog

Lebanon joins global tech race with appointment of its first Ministry of AI

Lebanon has joined the global AI technology race, following the decision by the Lebanese government to form a new digital ministry that aims to transform governance, attract investors, and harness the power of diaspora innovation. In a landmark decision described as a turning point in public sector modernization, the Lebanese Council of Ministers has approved the draft law to establish the country’s first Ministry of Technology and Artificial Intelligence (MITAI), which now awaits parliamentary approval. The new ministry represents the country’s first institutional creation since 1993, following the Ministry of the Displaced. It marks the transformation of the existing State … https://www.tahawultech.com/news/lebanon-joins-global-tech-race-with-appointment-of-its-first-ministry-of-ai/
Read more