Duba: The UAE topped the GCC in terms of foreign investments in 2017, with total foreign investments of $10.35 billion out of $15.45 billion injected in the GCC.

Oman and Saudi Arabia ranked second and third, making up 12.1% and 9.2% of foreign investments in the GCC, according to an official statement.

The UAE comes second among investment attractors in the Middle East, accounting for 23.3% of the region's foreign investments.

In May, the UAE Cabinet announced a new long-term visa to some international investors and talented professionals, allowing 100% foreign ownership in companies.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.