HONG KONG: Dr. Tariq Ahmed Nizami, CEO and Founder of CEO Clubs Network, affirmed that the United Arab Emirates has strengthened its global leadership position as a destination for foreign investments and an international hub for global trade.

Speaking on the sidelines of his participation in the Asian Financial Forum (AFF), Nizami told the Emirates News Agency (WAM) that the UAE provides an ideal business environment for investors and companies from around the world. It has succeeded in maintaining its global attractiveness in attracting foreign investments, despite the decline in global foreign direct investment.

He explained that the UAE is expected to continue attracting more significant foreign investments in the upcoming years, thanks to its unique attractiveness factors, solidifying its position as an international business hub and a preferred global destination for investments and capital.

The UAE achieved a notable increase in new foreign investment projects last year, rising by 28 percent compare
d to 2022. It recorded the second-highest global increase in new foreign investment projects worldwide after the United States. This occurred despite the 18 percent decline in global foreign direct investment flows, according to a recent report by the United Nations Conference on Trade and Development (UNCTAD).

Nazmi highlighted his participation in the AFF as part of a UAE trade delegation, aiming to explore cooperation and investment opportunities at a major financial forum. He emphasised the forum’s value for the UAE business and financial sectors in learning about global financial developments and promoting investment opportunities. Additionally, he noted the interest of international businessmen and investors in establishing partnerships and projects in the UAE.

Source: Emirates News Agency