According to the latest statistics published by the Department of Economic Development, Dubai attracted US$ 4.5 billion in foreign direct investment (FDI) in the first six months of 2012, up by 7% year-on-year.
The first half of the year saw 115 FDI projects being initiated in Dubai by 113 companies. The highest average capital investment was recorded during the month of January 2012 while the highest number of projects in a single month (26) was recorded in April 2012.
Similar to the first half of 2011, India, USA, UK, Saudi Arabia, Qatar, Germany, Switzerland and France topped the list of countries as the main sources of FDI into Dubai in the first half of 2012. The top 10 countries established 83 projects and their combined investments amounted to US$ 4.2 billion in the first half of 2012.
Average capital investment in the new projects was AED149 million, while average capital investment for expansion was AED 56 million. Real estate, leisure and entertainment, chemicals, financial services and healthcare were among the top industries targeted for investment in Dubai during the first half of 2012, as per the Department of Economic Development.
Mena Weekly Monitor – Bank Audi