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UAE sets target to double foreign investment inflows!

The UAE’s Bold Plan to Boost Investments and Healthcare

The UAE has set an ambitious target to more than double its annual foreign investment inflows over the next six years. On Monday, the government announced the National Investment Strategy, aiming to increase investment inflows from Dh112 billion in 2023 to Dh240 billion by 2031. This will bring the country’s total foreign investment stock from Dh800 billion to Dh2.2 trillion in the coming years.

Investing in Key Sectors

This strategy focuses on important industries such as:

  • Industry
  • Logistics
  • Financial Services
  • Renewable Energy
  • Information Technology

Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of the UAE, emphasized that the country continues to grow its economy, expand global markets, attract investments, and create a business-friendly environment.

What’s Included in the Strategy?

Several initiatives will be launched under this strategy, including:

  • Developing the financial sector to attract more global investors.

  • Creating a unified market to improve trade and business opportunities.

  • Encouraging institutional innovation to drive technological advancements.

  • Launching ‘Invest UAE’ programmes to showcase investment opportunities worldwide.

Currently, foreign direct investment (FDI) in the UAE stands at Dh0.8 trillion, with annual inflows of Dh112 billion. By 2031, the goal is to have FDI make up more than 30% of total investments and contribute 8% to the country’s GDP.

Strengthening Healthcare in the UAE

Alongside investment plans, the UAE is also improving its healthcare system. A new health risk policy will be introduced to ensure the country is always ready to handle health crises and emergencies. The plan includes developing national response scenarios, increasing preparedness, and improving recovery strategies.

Sheikh Mohammed bin Rashid stressed that being prepared for health emergencies is crucial for national security and ensuring a high quality of life in the UAE.

Advancing Organ Transplant Services

New regulations will also enhance access to life-saving treatments for patients who need organ transplants. The UAE now has over 13 licensed transplant centers, with a 30% increase in transplant procedures. The country now performs kidney, liver, heart, lung, and pancreas transplants and is committed to continuously upgrading its healthcare sector to provide world-class medical services.

A Bright Future Ahead

With these ambitious investment and healthcare plans, the UAE is taking significant steps to strengthen its economy and improve the well-being of its residents. By attracting more investors, fostering innovation, and enhancing healthcare services, the country is on track to becoming a global leader in both business and health security.

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