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UAE Attracts Record 23 Billion in FDI. Is UAE Number 1 in Global Startup Funding? Below excerpt reported by Jooris. L. (2024, January 4). 2023 UAE Startup Ecosystem Overview. Dubai Chronicle 'UAE’s achievement of attracting a record US$23 billion in Foreign Direct Investment (FDI) in 2023' 'The UAE’s start-up ecosystem has flourished remarkably, particularly in acclaimed business centers such as the Dubai Multi-Commodities Center (DMCC). During the first half of the year, the DMCC experienced a surge in growth, welcoming 1,456 new companies and elevating its total membership to an impressive count of over 23,000.' 'Similarly, the Ras Al Khaimah Economic Zone (RAKEZ) observed significant growth in the second quarter, with over 1,500 companies joining, mainly from the general trade and commerce sectors.' To read full article, click here Image by vector_corp Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.