The United Arab Emirates has signed a partnership framework with World Bank to strengthen investment climate reforms and enhance its position as a global destination for foreign direct investment (FDI). The agreement focuses on improving transparency, predictability, and competitiveness in the country’s investment environment.

Partnership To Support Investment Reforms And Global Competitiveness

Under the framework, the World Bank will work with the UAE Ministry of Investment to support a broad investment reform agenda. The cooperation aims to strengthen institutional systems that attract and sustain high-quality investments.

Officials said the partnership will combine global expertise with locally designed policy solutions. The goal is to help the UAE adapt to changes in the global investment landscape while maintaining stable and competitive regulatory conditions for investors.

The World Bank said the initiative reflects its support for building strong investment environments that can promote long-term and inclusive economic growth. The program will also focus on improving governance frameworks and investment facilitation mechanisms.

UAE Targets Higher FDI Growth And Global Ranking

UAE officials said the country entered the world’s top 10 FDI destinations in 2024. The government now aims to double annual FDI inflows to US$65 billion by 2031. This target is part of the country’s broader National Investment Strategy.

The partnership builds on earlier cooperation between the UAE and the World Bank established under a 2019 framework agreement with the Ministry of Finance. Officials said the new phase will further support efforts to position the UAE as a global hub for investment, innovation, and sustainable growth.

United Arab Emirates has been expanding policy reforms to attract international capital across sectors such as finance, technology, logistics, and renewable energy. Authorities said strengthening investment competitiveness is essential for long-term economic diversification.

Focus On Transparency And Long-Term Growth

World Bank officials highlighted that the partnership will support reforms that enhance investor confidence and improve regulatory clarity. UAE officials said the collaboration aligns with national priorities to build a more agile and transparent investment ecosystem.

The initiative is expected to support ongoing efforts to sustain capital inflows and strengthen the country’s role in global investment networks.