<p>India's rising economic might has given Dubai, one of the richest of the seven emirates in the United Arab Emirates, a key financial dividend in the form of Foreign Direct Investments (FDI).&nbsp;</p>

<p>According to a Financial Times-affiliated report by the FDI Markets, India is one of the top five source countries for announced FDI projects and estimated FDI capital in Dubai.&nbsp;</p>

<p>With 77.5 per cent of greenfield projects, the top sectors by FDI projects from India into Dubai in 2022 were software and IT services (32 per cent), followed by business services (19 per cent), consumer products (9 per cent), real estate (6 per cent), and financial services (5 per cent).&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/trending/uae-emerges-as-social-media-capital-of-world-india-comes-19th-report-590554">UAE emerges as social media capital of world, India comes 19th: Report</a></strong></p>

<p>Meanwhile, the top sectors by FDI capital from India into Dubai in 2022 were consumer products (28 per cent), software and IT services (20 per cent), communications (19 per cent), pharmaceuticals (8 per cent) and business services ( 8 per cent). &nbsp;</p>

<h2><strong>Dubai top greenfield FDI destination</strong></h2>

<p>Dubai reinforced its position as the world's top foreign direct investment hub as it retained its top spot worldwide for attracting greenfield FDI projects in 2022.</p>

<p>Dubai achieved 89.5 per cent YoY (year-over-year) growth in total announced FDI projects in 2022. The total FDI, meanwhile, increased by 80.3 per cent during the same period.&nbsp;</p>

<p>Helal Saeed Almarri, Director General of Dubai’s Department of Economy and Tourism, said, "Dubai’s leading global FDI ranking underpins a comprehensive framework of initiatives that were launched to further strengthen the city’s business and investment environment".&nbsp;</p>

<p><strong>ALSO WATCH |&nbsp;The India Story | How the UAE and India built up their special relationship</strong></p>

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<p>"Our strategy to further consolidate the city’s position as one of the top three global cities, in line with the Dubai Economic Agenda, D33, is again strengthened by the achievement of attracting and stimulating FDI and reflects the confidence investors, multinational companies, start-ups and global talent have in Dubai," he added.</p>

<p>Dubai hosts the global and regional headquarters of various international companies. It emerged as the world leader in attracting FDI projects in research, development and creative industries clusters.</p>

<p>Many Indians prefer to travel to Dubai due to its proximity to India. Located just a short three to five-hour plane ride away, the trip often emerges as a stepping stone towards investment in the Emirate.</p>

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India's rising economic might has given Dubai, one of the richest of the seven emirates in the United Arab Emirates, a key financial dividend in the form of Foreign Direct Investments (FDI).

India's rising economic might has given Dubai, one of the richest of the seven emirates in the United Arab Emirates, a key financial dividend in the form of Foreign Direct Investments (FDI). According to a Financial Times-affiliated report by the FDI Markets, India is one of the top five source countries for announced FDI projects and estimated FDI capital in Dubai. With 77.5 per cent of greenfield projects, the top sectors by FDI projects from India into Dubai in 2022 were software and IT services (32 per cent), followed by business services (19 per cent), consumer products (9 per cent), real estate (6 per cent), and financial services (5 per cent). ALSO READ | UAE emerges as social media capital of world, India comes 19th: Report Meanwhile, the top sectors by FDI capital from India into Dubai in 2022 were consumer products (28 per cent), software and IT services (20 per cent), communications (19 per cent), pharmaceuticals (8 per cent) and business services ( 8 per cent). Dubai top greenfield FDI destination Dubai reinforced its position as the world's top foreign direct investment hub as it retained its top spot worldwide for attracting greenfield FDI projects in 2022. Dubai achieved 89.5 per cent YoY (year-over-year) growth in total announced FDI projects in 2022. The total FDI, meanwhile, increased by 80.3 per cent during the same period. Helal Saeed Almarri, Director General of Dubai’s Department of Economy and Tourism, said, "Dubai’s leading global FDI ranking underpins a comprehensive framework of initiatives that were launched to further strengthen the city’s business and investment environment". ALSO WATCH | The India Story | How the UAE and India built up their special relationship × "Our strategy to further consolidate the city’s position as one of the top three global cities, in line with the Dubai Economic Agenda, D33, is again strengthened by the achievement of attracting and stimulating FDI and reflects the confidence investors, multinational companies, start-ups and global talent have in Dubai," he added. Dubai hosts the global and regional headquarters of various international companies. It emerged as the world leader in attracting FDI projects in research, development and creative industries clusters. Many Indians prefer to travel to Dubai due to its proximity to India. Located just a short three to five-hour plane ride away, the trip often emerges as a stepping stone towards investment in the Emirate. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

India's growing economic clout powers Dubai's FDI profile to top spot

<p>India's consulate in Dubai has issued an advisory to Indian nationals to avoid visiting the mission unless it is absolutely necessary and instead make use of various electronic platforms amidst a spike in COVID-19 cases in the city.</p>

<p>Dubai has witnessed a surge in the number of COVID-19 cases in the past weeks.</p>

<p>The gleaming city had faced criticism globally for reopening businesses and easing curfews to attract tourists during the peak year-end holiday season.</p>

<p>"Members of the Indian community who wish to visit the Consulate for any consular services are advised to avoid such visits unless absolutely necessary," the India mission said in the advisory.</p>

<p>"They should, instead, make use of the various electronic platforms offered by the Consulate without having to physically visit the office,"&nbsp;it said.</p>

<p>Being the largest expatriate community, it said, it is the responsibility of all the Indian nationals residing in the UAE to strictly comply with COVID-19 preventive measures and guidelines issued by the country's health authorities from time to time such as wearing face masks at all times, maintaining social distancing, avoiding public gatherings etc.</p>

<p>The Indian Consulate in Dubai provides its services to more than 2.6 million Indians living in Dubai, Sharjah, Ajman, Ras Al Khaimah, Fujairah and Umm Al Quwain, the Gulf News reported.</p>

<p>The UAE reported 3,525 new cases of coronavirus on Thursday, bringing the total number of diagnosed cases in the country to 339,667. It has reported 974 deaths so far.&nbsp;</p>


India's consulate in Dubai has issued an advisory to Indian nationals to avoid visiting the mission unless it is absolutely necessary and instead make use of various electronic platforms amidst a spike in COVID-19 cases in the city.

India's consulate in Dubai has issued an advisory to Indian nationals to avoid visiting the mission unless it is absolutely necessary and instead make use of various electronic platforms amidst a spike in COVID-19 cases in the city. Dubai has witnessed a surge in the number of COVID-19 cases in the past weeks. The gleaming city had faced criticism globally for reopening businesses and easing curfews to attract tourists during the peak year-end holiday season. "Members of the Indian community who wish to visit the Consulate for any consular services are advised to avoid such visits unless absolutely necessary," the India mission said in the advisory. "They should, instead, make use of the various electronic platforms offered by the Consulate without having to physically visit the office," it said. Being the largest expatriate community, it said, it is the responsibility of all the Indian nationals residing in the UAE to strictly comply with COVID-19 preventive measures and guidelines issued by the country's health authorities from time to time such as wearing face masks at all times, maintaining social distancing, avoiding public gatherings etc. The Indian Consulate in Dubai provides its services to more than 2.6 million Indians living in Dubai, Sharjah, Ajman, Ras Al Khaimah, Fujairah and Umm Al Quwain, the Gulf News reported. The UAE reported 3,525 new cases of coronavirus on Thursday, bringing the total number of diagnosed cases in the country to 339,667. It has reported 974 deaths so far.

India's consulate in Dubai issues COVID-19 advisory amid surge in cases

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India's growing economic clout powers Dubai's FDI profile to top spot

India's consulate in Dubai issues COVID-19 advisory amid surge in cases