posted on 19/05/2010: 408 views
Global investors put their faith in Dubai's economy, making the emirate the first and most-preferred choice for future investments in the Middle East, according to an international survey released yesterday.
The survey by global management consulting firm AT Kearney said about 28 per cent of investors prefer to invest in Dubai, followed by Abu Dhabi (18 per cent), Egypt (15 per cent), Oman (eight per cent) and other Middle East states.
"Investors express confidence in Dubai's ease of doing business, access to best-in-class infrastructure, advanced logistics facilities and safe environment. When asking those with investments in the region about their first choice for future investments, Dubai is the preferred destination," AT Kearney analysts said in the report. "Dubai is a gateway destination, much like Hong Kong for mainland China and Singapore in Southeast Asia. And 81 per cent of those surveyed who have investments in Dubai plan to maintain or increase their investments in the next three years. Investors report confidence in Dubai's ability to rebound from the global crisis."
The emirate helped the UAE to maintain its ranking as the most-preferred destination in the Middle East, despite a drop of three rankings. – Emirates Business 24|7
|26 May 2015||Marsa Matrouh governor urges more Emirati investments in Egypt's coastal governorate|
|11 May 2015||Total number of new business licenses in Abu Dhabi rises by 4% in Q1|
|07 May 2015||Dubai enters top 5 improved cities list|
|30 April 2015||Middle East M&A Trend Report: UAE remains most targeted GCC country in Q1|
|22 April 2015||Sharjah Business Women Council explores avenues of collaboration with world's popular fashion brand|