In a significant move to bolster economic growth, UAE Vice-President Sheikh Mohammed bin Rashid Al Maktoum unveiled the National Investment Fund with an initial capital of Dh36.7 billion. The announcement was made during the Cabinet meeting at the Dubai Airshow 2025 on Wednesday. The fund aims to attract foreign direct investments (FDIs) by offering financial incentives, with ambitious targets to increase annual FDIs from Dh115 billion to Dh240 billion by 2031, and to grow the accumulated balance from Dh800 billion to Dh2.2 trillion in the same year. Sheikh Mohammed emphasized the UAE’s commitment to providing a conducive environment for global investors, stating, “Our message is clear to all investors around the world… the United Arab Emirates welcomes you, it will provide the best environment for your investments and will support your future growth and success.” Additionally, the Cabinet reviewed the National Strategy for Industry, highlighting a 244% increase in national industrial spending over the past five years, reaching Dh110 billion. Industrial exports also surged to Dh197 billion, contributing Dh210 billion to the GDP, with a target of Dh300 billion by 2031. The UAE civil aviation sector was another focal point, contributing Dh340 billion (18.2% of GDP) in 2024, with airports handling 148 million passengers and over one million air traffic operations, marking significant year-on-year growth.
Sheikh Mohammed announces Dh36.7 billion National Investment Fund to encourage FDIs
