Dubai FDI, the foreign investment office of Department of Economic Development (DED), will take part in the Annual Investment Meeting (AIM) hosted in Dubai between April 30, 2013 to May 2, 2013, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai.
During AIM, Dubai FDI will highlight Dubai's successful experience in attracting foreign direct investment (FDI) and providing a leading investment environment that is considered among the best in the Middle East.
Fahad Al Gergawi, Chief Executive Officer of Dubai FDI, stressed on Dubai’s leadership as one of the most attractive destinations for foreign investment in the world.
Al Gergawi noted the Foreign Direct Investment Confidence Index issued by A.T. Kearney put Dubai as the 11th most preferred destination for foreign investors internationally in 2012, while it occupies the 1st spot in the Middle East.
Al Gergawi said that Dubai is a major bridge for large world markets, hosting some of the biggest international companies that use it as a base for growth. Furthermore, Dubai enjoys easy access to Middle East, North Africa and the Indian subcontinent where 2.2 billion people live.
He also emphasized that the effective strategy implemented by Dubai through strong and active presence in regional and international events was one of the major factors behind its success.
In addition, Al Gergawi highlighted that the significant increase in the number of investors heading to the emirate reflects greater trust and confidence.
The Dubai Investment Report of 2012 stressed on the features of Dubai such as the favorable economic environment, geographic location, advanced infrastructure, easy access to neighboring markets, in addition to the fact that the emirate is a remarkable hub for trade, logistics, finance and services.
Al Gergawi said that the UAE in general and Dubai in particular, is one of the most desired investment destinations specially for investors willing to expand in the Middle East, North Africa and South Asia (MENASA) regions, which host 25 per cent of the world’s population.
Dubai FDI Office has launched a new study entitled ‘Why Dubai’ last December 2012. The study highlights Dubai’s features and includes interviews with some Dubai-based investors. The main features that make Dubai attractive are its lifestyle, retail options, pro-business government, ease of doing business, attractive tax policy, modern infrastructure and logistics, connectivity and links with international markets.