Dubai - Mubasher: The Emirati minister of economy, Sultan Al Mansoori, said that foreign direct investments (FDI) inflows in 2016 shrunk to $1.5 trillion, compared to a 40% growth in 2015 to $1.8 trillion, according to a press release.
The UAE has become a regional and global centre for investment and business, the minister added, noting that his country ranked 16th in the Global Competitiveness Report in 2016/2017.
The UAE is also the largest investment-attracting country in the MENA region, according to UNCTAD's Global Investment Report 2016, Al Mansoori indicated.
