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RIYADH: Dubai led the global ranking for attracting foreign direct investments in 2021 with a record 418 greenfield projects, the Dubai Media Office reported.
The city’s international standing was up from third in 2022, the annual Dubai FDI Results and Rankings Highlights Report showed.
Dubai’s ranking has been driven by its “stable, sustainable economic environment and a vibrant business ecosystem for companies and entrepreneurs to launch new ventures, tap new opportunities and expand their business both in the country and beyond its borders,” Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum said.