Investor Confidence in UAE 2024
UAE jumps from 18th to 8th place in FDI Index for 2024
The Kearney Foreign Direct Investment (FDI) Confidence Index is an annual survey where global business executives rank global markets that will attract the most foreign investments in the next 3 years. Since it’s inception in 1998 FDI Confidence Index has proven their predictions very accurate and reliable when compared to historical data.
The survey is conducted with senior executives of the world’s leading corporations. These companies all have an annual revenue upwards of $500 million and operate across all sectors in 30+ different countries. Single country index values are based exclusively on responses from companies headquartered in foreign markets.
United Arab Emirates (UAE) has an incredible rise from 18th place in 2023 to 8th place in 2024. This is a stunning jump of 10 places in a single year. Especially when we understand that this movement is achieved while UAE has already been among top 20 countries globally where competition is fierce.
Higher index scores represent more attractive markets for worldwide investors.
UAE ranks 1st among Emerging Markets
UAE, United Arab Emirates, ranks 1st by net optimism from investors among global emerging market countries. This is achieved with a net score of 38%, comparing index score of 8 from investors who are more pessimistic and 46 from investors who are more optimistic.
Forecast from UAE Central Bank for economic growth of the country is 4,2% in 2024, a significant jump from estimated 3,1% in 2023. Real GDP is also expected to surge further to 5,2% in the upcoming year 2025.
Among it’s vast plans for further growth, the UAE also aims to attract $150 Billion in Foreign Direct Investments by 2031. This will ensure the UAE a position among top 10 countries with highest volume of FDI.
The balance index points represent no change.
