The volume of foreign direct investment (FDI) in the United Arab Emirates (UAE) reached $1.8 billion in 2011 and during this period the total amount of such investments in the entire GCC was $8.64 billion, said Mohammed Omar Abdullah, undersecretary at the Department of Economic Development (DED) in Abu Dhabi. He said this while speaking about the fifth annual UAE Global Investment Forum, which is scheduled to open at the Emirates Palace in Abu Dhabi. More than 300 delegates from over 20 countries will be participating in the forum, which is organized in cooperation with the Institutional Investor Conferences. Industry leaders, financiers, investors and policy makers will take part in a range of panel discussions, presentations and interviews, according to a press release published today.
