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The UAE will remain the preferred destinations to attract foreign investments, His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai said on Sunday after opening the seventh Annual Investment Meeting, at Dubai World Trade Center.

“The UAE will remain a favourite destination for FDI because it enjoys stability, security and legislation enacted to protect capital and create an encouraging, safe and clean environment for investment,” Sheikh Mohammad said. Various entities participate in the event, including, DEWA, DP World, Dubai Land Department, Dubai Police, Diamond Developers, Dubai Properties Group. HE Khalifa Bin Salem Al Mansouri, Acting Undersecretary of the Abu Dhabi Department of Economic Development said: “We, in Abu Dhabi, are certain that we need international partners like you to achieve our Economic Vision 2030 that sets a clear path to achieve sustainable economic development, by introducing many development projects that are mainly connected with non-oil sectors.

Thus, giving international investors the chance to benefit from them". "Take the cases Kodak that pioneered digital photography or consider Nokia’s role in mobile telecommunications. Both were great innovators at some point in time, but innovations alone could not sustain their growth", Sala-i-Martin said. According to Ahmad Al Sayegh, chairman of Abu Dhabi Global Market (ADGM), by providing a comprehensive suite of funds and new innovative investment vehicles, local and global financial institutions can now conduct activities in the UAE.