The UAE will host Expo 2020!
  • Arabic
  • French
  • German
  • Spanish
Supported by the UAE National Media Council

Investors name Dubai as top Mideast FDI hub

posted on 19/05/2010: 441 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

RELATED ARTICLES

03 September 2015 Gulf Finance reports softer quarterly growth and sales outlook for the UAE's SME sector
31 August 2015 Dubai first-half corporate earnings surge to US$4.1b
19 August 2015 Mohammed bin Rashid issues law regulating partnership between public, private sectors in Dubai Emirate
10 July 2015 Dubai business confidence rebounds sharply
25 June 2015 British Consul: Dubai has become a focal point for entrepreneurs, business leaders and tourists