Cabinet Approves Plan to Boost Foreign Investment to AED 2.2 Trillion

The UAE Cabinet has approved the National Investment Strategy, which aims to increase annual foreign investment inflows from AED 112 billion in 2023 to AED 240 billion by 2031. The plan also seeks to grow the country’s total foreign investment stock from AED 800 billion to AED 2.2 trillion over the next six years.

The strategy will focus on key sectors, including industry, logistics, financial services, renewable energy and information technology. Several initiatives will be introduced to attract institutional investors, strengthen financial sector development, and expand market access for international companies.

According to the Cabinet’s statement, foreign direct investment (FDI) in the UAE stands at AED 0.8 trillion. The new strategy aims to increase FDI’s share of total investment to over 30% and raise its contribution to GDP to 8% by 2031.

The Cabinet’s approvals also included policies on health risk management, organ transplant regulations and a new sustainability certification for buildings.