Dubai – Mubasher: The UAE ranked 13 among the most promising home economies for investment in 2017 according to a survey conducted by the United Nations Council for Trade and Development (UNCTAD) and Investment Promotion Agency (IPA) Observer.
Global investment flow decreased by 2% to $1.75 trillion in 2016, while investment flows to developing economies record $646 billion, UNCTAD revealed.
"A combined upturn of economic growth in major regions and improved corporate profits will boost business confidence and, consequently, multinational enterprises' appetite to invest," the UN affiliate organisation commented.
The global foreign direct investment (FDI) flows are expected to grow around 5% to almost $1.8 trillion in 2017, UNCTAD’s data showed.
