The UAE has set ambitious investment goals, aiming to boost annual foreign investment inflows from AED112 billion ($30.5 billion) in 2023 to AED240 billion ($65.4 billion) by 2031. Total foreign investment stock is expected to surge from AED800 billion to AED2.2 trillion under the newly approved National Investment Strategy 2031.

The strategy focuses on transforming the UAE into a global investment hub, prioritizing key sectors like industry, financial services, logistics, renewable energy, and technology. It introduces 12 programmes and 30 initiatives, including the Financial Sector Development Programme and ‘InvestUAE’.

The Cabinet also reviewed major economic and digital advancements, including the Industrial Technology Transformation Index (ITTI) and the National Digital Economy Strategy 2031, which aims to double the digital economy’s GDP contribution from 9.7% to 19.4%.

Other key initiatives include a remote work system for global talent, an 87% surge in trade with Sub-Saharan Africa, and the National Green Certificates Programme to certify sustainable buildings. Sheikh Mohammed bin Rashid Al Maktoum reaffirmed the UAE’s commitment to strengthening its global trade and investment leadership.