The UAE Investments Are Leading in Mena Region
His Excellency Jamal bin Saif Al Jarwan, Secretary-General of the Emirates Council for Investors Abroad, confirmed that the UAE investments are leading the region.
Moreover, the total value of UAE’s foreign assets, whether government or private, is estimated at $2.5 trillion USD as of early 2024.
Mentioning that the UAE is a significant economic player in the world, as its investments are expected to increase.
Especially with favorable prospects for opening new markets.
In addition to the focus on emerging markets and creating comprehensive strategic partnerships.
Strategic Partnerships and Alliances
Recently, the UAE has entered into a number of strategic partnerships and alliances.
It has achieved a strong presence in the international economic landscape.
Because it has competed for a number of cross-border deals and acquisitions.
With the growing popularity of cross-border deals in recent times, the echoes of “Ras Al Khaimah Deal” still dominate the regional and global economic scene.
The UAE signed this deal with Egypt as the largest direct investment deal in its history.
Mentioning that it worth $35 billion USD, which implements a strong message of confidence.
“Mother of Deals”
His Excellency Jamal bin Saif Al Jarwan described the deal between the UAE and Egypt saying:
“It is a deal that deserves to be called the (Mother Of Deals), it is bold, impactful, and has changed the balance of investment power in the region.
It is also a precious opportunity, and it is truly the “Jewel in the Crown” – if I may say so – and it seemed expansive despite the challenges facing all countries of the world.”
His Excellency estimated the UAE’s investments in Egypt after this deal at about $65 billion USD.
He added that the project is a wide and distinctive gateway.
That enables the UAE to provide its expertise and knowledge in smart cities development and integrated urban projects on the Mediterranean coast for the first time.
The UAE Investments in Egypt:
The UAE ranks first among the investing countries in Egypt.
There are about 2,000 Emirati companies operating in the Egyptian market in various sectors.
Including the telecommunications and information technology sector and real estate at first place.
In addition to oil and gas, agriculture, ports, renewable energy, transportation, storage and logistics, the financial and banking sector, entertainment, shopping malls, smart cities, tourism, hotels and hospitality, medical services, and waste management.
His Highness Sheikh Abdullah bin Zayed Al Nahyan, meets with the Prime Minister and Minister of Foreign Affairs of Qatar, Sheikh Mohammed bin Abdul Rahman Al Thani, to discuss regional developments and bilateral cooperation. #UAE #Qatar pic.twitter.com/JhSPSagFPe
— UAE Voice (@uae_voiceeng) March 18, 2024
Investments in 90 Countries with Plans For More
Many countries around the world show a special strategic interest in the UAE investments.
due to the numerus positive factors that distinguish UAE investments.
In addition to their high confidence in the UAE leadership and the professional nature of the Emirati investor.
Currently, the UAE is operating in 90 countries, with interest to have investments in more countries, such as:
India, Indonesia, ASEAN countries, Egypt, Morocco and Central Asian countries.
As well as Britain, France, Germany, America, Canada and some Eastern European countries.
Especially Serbia, Greece and Turkey.
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