Current Affairs - International - Discussion
Discussion Forum : International - Latest Current Affairs (Q.No. 214)
214.
Which country became the top contributor of Foreign Direct Investment (FDI) into Dubai in 2024?
Answer: Option
Explanation:
India emerged as the leading source of Foreign Direct Investment (FDI) into Dubai in 2024, surpassing the United States, France, and the United Kingdom. India accounted for 21.5% of total FDI into Dubai, which reflects the growing business ties between the two countries. Dubai’s business-friendly environment, tax policies, and infrastructure attracted a significant increase in Indian investments, further cementing Dubai's position as the world's leading destination for Greenfield FDI. This surge in investments underscores the strong economic relationship between India and Dubai.
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