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Dubai - The diversification of the UAE's economy, coupled with the surging confidence across different sectors including real estate, tourism & banking and the Expo 2020 projects will contribute towards more foreign direct investments [FDI] influx into the country, according to Al Mal Capital - a subsidiary of Dubai Investments and a diversified financial investment institution offering a range of financial products.
The current market condition offers unmatched opportunities for the UAE's economy, which remains the number one market in the region for foreign direct investments, attracting 61.6% of all FDI projects in GCC countries in 2015, as per the AIM Investment Report 2016: The Future of FDI released during the Annual Investment Meeting [AIM] in Dubai.
Al Mal Capital believes that the main challenge to the GCC economies was the drop of oil prices globally; but the positive sentiment in the wake of Expo 2020 projects, the jobs it will create and the potential growth expected in the tourism sector, will hold the UAE in good stead as it is well-positioned to take advantage of emerging opportunities with strong macro-economic fundamentals in place.
Al Mal Capital is part of the Investors' Zone at AIM with Dubai Investments PJSC. At the AIM exhibition, involving over 150 public and private sector investment bodies, Al Mal Capital also showcased its MENA opportunities and challenges report. Licensed and regulated by Central Bank of UAE and headquartered in Dubai, Al Mal Capital offers a range of investment products across its business lines of Corporate Finance/ Advisory, Financial Markets Intermediary and Asset Management.
© Press Release 2016
