2019 Jun 18 Tue, 09:02:07 pm

UAE draws AED111.7 bn of FDI in three years

ABU DHABI, 18th June, 2019 (WAM) -- The United Arab Emirates drew up to AED111.7 billion in FDI during the period from 2016 through 2018, bringing its overall volume of foreign investments to circa AED511 billion. According to the World Investment Report 2019, recently released by the United Nations Conference on Trade and Development, the UAE ranked 27th globally in attracting FDI flows in 2018, three positions up from its 2017's classification by UNCTAD. Overall, the report said, the UAE received in 2018 direct foreign investments...