UAE unveils new strategy to triple foreign investment to US$600 billion by 2031

The United Arab Emirates (UAE) has announced an ambitious plan to triple its foreign direct investment (FDI) balance to about US$600 billion by 2031, according to UAE's Vice President and Prime Minister Mohammed bin Rashid Al Maktoum. This bold initiative, named "The UAE Investment Strategy," aims to cement the UAE's position as a top destination for international investors.

UAE's Vice President called this an “exceptional leap” that underscores the trust and confidence the UAE has built among international investors through its forward-looking policies and strategies. This is reported by Xinhua News Agency, a partner of TV BRICS.

The UAE Investment Strategy targets a doubling of cumulative FDI in the coming years, ultimately reaching a total balance of US$600 billion by 2031. To achieve this, the UAE will focus on attracting new investments in priority sectors, expanding existing projects, and fostering strong international partnerships. Enhancing investor relations and competitiveness will be at the core of these efforts, driving sustainable economic growth across the Emirates.

This growth strategy reflects the UAE’s commitment to diversifying its economy, strengthening its global economic footprint, and building robust connections within international markets.

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