“The UAE continues to reap the rewards of opening our economy to the world. In 2023, we attracted a total of US$30.7 billion, a world-leading increase of 35 percent over 2022 – and a sharp contrast to the 2 percent global decline in investment flows. These figures, which were revealed in a new report by UNCTAD, have enabled the UAE to advance five places to 11th in the global rankings for FDI attraction while confirming our number one position in the Arab World, accounting for 45.4 percent of the total FDI inflows into the region.

“This is no accident. The UAE continues to take confident steps in pursuit of economic diversifica