Foreign direct investment in tourism sector: Dubai No1 in The World

Foreign direct investment in tourism sector: Dubai tops the world
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Dubai: Dubai remained the top tourist destination for foreign direct investment (FDI). Through 30 projects, 6.4 Billion Dirhams were achieved by FDI in Dubai’s tourism sector. On Twitter, Sheikh Hamdan bin Mohammed (Crown Prince of Dubai, Chairman of the Dubai Executive Council) stated that this remarkable achievement by Dubai comes at a crucial time in the region.

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He stated that the reason for this was Sheikh Mohammed bin Rashid Al Maktoum who is also the Ruler of Dubai and Prime Minster of the UAE. International investors find it very comforting to be able make investments and receive returns on a regular basis. Dubai will keep its business-friendly policies. Sheikh Hamdan stated that Dubai will continue to be at the forefront in FDI around the globe.

Dubai was also one of the most prominent foreign direct investment projects in financial services. This feat was achieved behind New York, London, Singapore, New York, and Paris. The Dubai Investment Development Agency (DIFC), and the Department of Finance released a report that shows great progress in this area. https://m.facebook.com/newsgulfapp/

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