Posted by Neil King
Dubai's Foreign Investment Office (FIO) has overseen a study into foreign direct investment (FDI) in the emirate, and has claimed the research yielded positive feedback.
The FIO mentored students from the SP Jain Centre of Management to undertake the study between November 2009 and March 2010. According to Dubai's department of economic development, the research involved "engaging various entities that are an integral part of the foreign investment value chain of the emirate".
It noted that the study had identified key priority areas for developing FDI policy recommendations and enhancing the investment environment in Dubai.
Fahad Al Gergawi, chief executive officer of the FIO, said: "The studies cover strategic and high impact areas, and the Dubai department of economic development and FIO will share the insights and learning with concerned stakeholders. We congratulate SP Jain Centre of Management for the excellent work undertaken."
Meanwhile, RMM Global FZCO, a commodities trading company with a turnover of AED 62 million, recently hailed the business advantages of being based in Dubai Airport Freezone and the emirate at large.