The UAE drew in more than $45 billion in foreign direct investment last year, an almost 50% increase from the year before, despite a global 11% drop in FDI, according to a senior official.

“We accounted for more than half of all investment flows into the Middle East, ranked second globally for new greenfield projects, behind only the United States, and welcomed in nearly 10,000 new millionaires, more than any other country worldwide. In an age of fragmentation, our connectivity is a clear strategic advantage,” said Badr Jafar, the UAE’s Special Envoy for Business and Philanthropy.

He made the remarks during a panel discussion hosted at the UAE Pavilion at the 2026 World Economic Forum Annual Meeting in Davos.

Entitled “The Great Rebalancing: Artificial Intelligence, Jobs, and the Future of Inclusive Growth,” the session convened Badr Jafar and IMF Managing Director Kristalina Georgieva to examine the risks and opportunities influencing the global economic outlook.

Badr Jafar underscored the UAE’s long-term strategic decision to develop an economy designed for resilience, openness, and global connectivity.

“At a time when global systems are fragmenting, the UAE is doubling down on connection. We are known for open skies, open ports, and open minds – and the data shows the value of this approach,” he said. 

The discussion underscored the UAE’s ongoing commitment to influencing global economic dialogue and contributing meaningfully to international efforts on inclusive growth, artificial intelligence, and the future of work, TradeArabia reports.

The session was part of the UAE Pavilion’s wider programme at the World Economic Forum Annual Meeting, highlighting the importance of responsible innovation, patient capital, and cross-sector collaboration in fostering a more resilient and inclusive global economy.