The United Arab Emirates (UAE) has unveiled an ambitious National Investment Strategy aimed at more than doubling its annual foreign investment inflows over the next six years. The strategy seeks to increase inflows from Dh112 billion in 2023 to Dh240 billion by 2031, thereby growing the UAE’s total foreign investment stock from Dh800 billion to Dh2.2 trillion. This initiative is part of a broader effort to develop the UAE’s economy, expand global markets, and create a business-friendly environment.
Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of the UAE, highlighted that the strategy will focus on key sectors such as industry, logistics, financial services, renewable energy, and information technology. These sectors are crucial for attracting investments and fostering economic growth. The strategy includes multiple initiatives, including financial sector development, one-market, institutional innovation attraction, and ‘Invest UAE’ programmes.
Currently, the UAE’s total cumulative foreign direct investment stands at Dh0.8 trillion, with annual inflows at Dh112 billion. The target is to increase the share of foreign direct investment in total investments to above 30% and reach a contribution of foreign direct investment to GDP of 8% by 2031. This ambitious goal reflects the UAE’s commitment to becoming a global investment hub.
In addition to economic initiatives, the UAE is also enhancing its healthcare sector. A new policy aims to combat health risks by establishing national response scenarios and developing recovery plans for health crises. Furthermore, regulations have been introduced to improve access to life-saving treatments, including organ transplants, with over 13 licensed transplant centers now operating in the country.
The UAE Cabinet has also approved the launch of the National Green Certificates Programme for buildings, which aims to assess and certify sustainable buildings across various sectors. This programme is part of the UAE’s broader sustainability efforts, aligning with its vision to create a more environmentally conscious and sustainable future.
