Dubai – Mubasher: The UAE topped the GCC in terms of foreign investments in 2017, with total foreign investments of $10.35 billion out of $15.45 billion injected in the GCC.
Oman and Saudi Arabia ranked second and third, making up 12.1% and 9.2% of foreign investments in the GCC, according to an official statement.
The UAE comes second among investment attractors in the Middle East, accounting for 23.3% of the region's foreign investments.
In May, the UAE Cabinet announced a new long-term visa to some international investors and talented professionals, allowing 100% foreign ownership in companies.
