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UAE tops region in tourism FDI projects in 2016-2020

UAE tops region in tourism FDI projects in 2016-2020
The UAE has won 30% of all tourism FDI projects

UAE - Mubasher: The UAE has led the Middle East and Africa in terms of the number of tourism foreign direct investment (FDI) projects between 2016 and 2020, as shown by 'Tourism Investment Report 2021' released by fDi Intelligence.

The UAE has won 30% of all tourism FDI projects and 33% of tourism capital investment into the region.

The country also recorded more than $7.2 billion in capital investments between 2016 and 2020, accounting for 33% of tourism capital investment into the region.

The UAE has invested 61 outward FDI tourism projects between 2016 and 2020, equivalent to more than half of all outbound FDI tourism projects from the region.

In addition, the UAE topped the region in the number of tourism jobs created between 2016 and 2020, with 11,000 new roles.