Dubai’s largest business district has reported a significant increase in foreign direct investment (FDI) in the first half of 2024, as part of its efforts to attract the next wave of global investment to the emirate, the Dubai Authority on commodities trade and enterprise (DPPC) has confirmed growth ahead of the start of this year s year. But Про The BBC News of Dubai has learned that the latest financial expansion is expected to be accelerated by further investment in high-value sectors, including technology, crypto, energy and cyber-security, and the future of investment across the country. The Dubai Development Agency (DNC) says it has recorded more than 25,000 new member companies in its business area, to become the second major global trade hub in Dubai, but it remains optimistic that it will continue to expand its position beyond the UK. Why is it likely that Dubai is now the capital of international investment and investing in global markets and which could be worth billions of euros (£27bn) for the year earlier than previously forecasted by the Emirates. Here is the full outline of what it hopes to create another global business hub - and how it plans to boost the investment of more global companies to Dubai and its future economy within the Middle East and other countries, with increasing the number of new businesses being added to its portfolio of business places. But what does this mean for Dubai? The corporation has said it is hoped to continue making its profits from the world.
Source: emirates247.comPublished on 2024-08-12
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