selected business news
"Investors looking to Dubai as the preferred FDI destination in the MENA region "
Posted July 1, 2010 by Lindsay Roberts
A.T. Kearney, a management consulting firm, recently released its 2010 Confidence Index report. The report highlighted the UAE as the 11th global foreign direct investment (FDI) destination, as well as the first choice for FDI across the Middle East and North Africa. The CEO of the Foreign Investment Office (FIO) in Dubai believes that the results of the report encouraging the maintenance and growth of the country’s FDI status. Enticed by solid infrastructure and a dynamic business environment, FDI proves a major contributor to the well-being of the UAE’s GDP, at approximately $21 billion. The Dubai FIO plans to boost investor confidence and promote the continued influx of FDI through the creation of foreign investment policies and legislation that will increase and strengthen the country’s competitiveness.
