UAE’s investment strategy aims to strengthen global hub status

Mohamed Hassan Alsuwaidi, Minister of Investment, said that the UAE's approval of the National Investment Strategy (NIS) 2031, under the leadership of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, marks a significant milestone to solidify the nation's position as a global investment hub, reported the Emirates News Agency.

He added that this strategy lays out a clear and ambitious roadmap to attract greater foreign direct investment (FDI), drive economic diversification and ensure long-term sustainable growth.

In statements to WAM, Minister Alsuwaidi said, "By setting a target to increase annual FDI inflows from AED112 billion to AED240 billion by 2031 and raising total FDI stock to AED2.2 trillion, we are reinforcing the UAE's commitment to creating a business-friendly environment that encourages innovation, competitiveness, and global partnerships.

He noted, "Key sectors, including manufacturing, financial services, logistics, renewable energy, and information technology, will be at the heart of this transformation, ensuring that we remain at the forefront of emerging economic opportunities."

With the launch of 12 strategic programs and 30 targeted initiatives, the NIS 2031 will further strengthen the country's role as a bridge connecting global markets, enhancing investor confidence, and driving a more dynamic, resilient and open economy.

"We look forward to working closely with stakeholders across the public and private sectors and deepening global partnerships to realise this vision and propel the UAE towards even greater economic success," Minister Alsuwaidi noted.