What Dina Thinks of The UAE's Global Vision

The United Arab Emirates (UAE) is on a mission to be a global bridge that connects countries, cultures, and economies. This ambitious vision is being championed by the UAE's Minister of Economy, Abdulla Bin Touq Al Marri, who envisions a future of sustainable growth and international collaboration. Let's delve into the key takeaways from his recent statement:

In August 2023, the UAE joined the BRICS group and became a part of the BRICS New Development Bank in 2021. This strategic move positions the UAE to play a vital role in mobilizing resources for infrastructure and sustainable development in emerging markets, developing countries, and other BRICS nations.

The UAE actively participates in international forums like the United Nations, G20, and BRICS. By doing so, the UAE aims to offer unique insights and collaborate on global initiatives that promote positive change, foster trade, and support sustainable development worldwide.

The UAE has earned a reputation as a welcoming and dynamic hub for technology investment. The government's unwavering commitment to creating an environment that fosters innovation, entrepreneurship, and economic diversification is evident. With world-class infrastructure and a highly skilled workforce, the UAE offers everything investors need to thrive in the tech sector.



Minister Al Marri highlighted the UAE's efforts in creating an attractive investment environment. The 2020 Commercial Companies Law, allowing foreigners 100 percent ownership of their businesses, has been a game-changer. The result? A remarkable 43 percent surge in new company establishments between 2020 and 2022, totaling an impressive 275,000 new enterprises.

According to the United Nations Conference on Trade and Development (UNCTAD) 'World Investment Report 2023,' the UAE attracted $22.7 billion in Foreign Direct Investment (FDI) in 2022, marking a 10 percent increase from the previous year. This catapulted the UAE to the 16th position globally in FDI inflows for the year.

The UAE has outperformed its peers in the West Asia and MENA regions, attracting 47.1 percent and 32.4 percent of total FDI inflows, amounting to $48.3 billion and $70.2 billion, respectively.

The UAE's vision for sustainable growth, global collaboration, and its evolving role in the world's economic landscape is nothing short of inspiring. With its focus on innovation, pro-investment policies, and active participation in international forums, the UAE is rapidly becoming a prime destination for businesses and investors globally. The positive impact of these initiatives on the 

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