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Foreign Direct Investment in Dubai Increases Employment in 2020

In 2020, #Dubai created 18,325 new jobs thanks to Foreign Direct Investment (FDI) according to data from the Dubai FDI Monitor.

Despite uncertainties in the economy caused by Covid-19, over 455 projects were supported, worth AED24.7 billion ($6.7 billion). The number of #FDI projects implemented in Dubai exceeded the annual average of 441 over the past 5 years, reaffirming Dubai’s strong FDI location base and its economic resilience.

The 2020 Financial Times’ fDi Markets report placed Dubai among the top global FDI locations, ranking first in the Middle East and North Africa (MENA) region and fourth globally by attracting an unprecedented 2.1% of greenfield FDI capital, exceeding the 2 % mark for the first time.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and chairman of The Executive Council of Dubai, commented "Dubai’s success in combating the Covid-19 pandemic and starting the recovery phase in record time is a testament to our commitment to provide the best investment environment in the world and transform global challenges into new opportunities for growth, driven by technology and innovation, and powered by Emirati and global talent, making Dubai the best place in the world to work, live, and invest.”


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