Dubai is top investor destination in Middle East

03/02/2010 - Dubai Investment News
Dubai is top investor destination in Middle East
Posted by Neil King

Dubai has been named the as the top destination for international investors in the Middle East.

According to the recent FDI Confidence Index, Dubai ranks 11th in the world despite the recent global economic downturn.

Commenting on Dubai's strong performance, Dr Dirk Buchta, vice-president and managing director AT Kearney Middle East, said: "These results indicate that Dubai is considered a regional success and investors rank it as their number one investment location in the Middle East."

"This survey addressed leading international investors' plans and their concerns in the context of today's global issues and analysed their key criteria for selecting future investment destinations," he added.

Dubai's unique location, its excellent infrastructure and strong financial foundations all led to the city being ranked as the top investment destination in the region.

Second place in the FDI Confidence Index was the United Arab Emirates' financial powerhouse Abu Dhabi.

Meanwhile, a recent FutureBrand Gulf Real Estate Study showed that 70 per cent of investors believe property prices in Dubai represent good value.ADNFCR-2019-ID-19595946-ADNFCR