In 2020, Dubai ranked first in the Middle East in attracting foreign investment.
According to data released by the Dubai Investment Development Agency (Dubai FDI), the amount of foreign direct investment flowing into Dubai in 2020 will reach 24.7 billion dirhams.
These funds created 18,325 new jobs, exceeding the average of the past five years.
Among the projects to be developed, the investment share will account for 2.1% of all projects in 2020, exceeding 2% for the first time.
The United States is the largest investor country, accounting for 21% of foreign direct investment capital and 22% of projects invested. French investment funds accounted for 16%, Japanese investment funds accounted for 11%, British investment funds accounted for 7%, and German investment funds accounted for 16%. Investment funds accounted for 6%.