United Arab Emirates and the World Bank ink agreement to boost UAE Investment Climate and Competitiveness
Under this partnership framework with the UAE Ministry of Investment, the World Bank will deploy its global knowledge and expertise to support a comprehensive investment reform agenda.
Black News 
The World Bank and the United Arab Emirates signed a partnership framework to support the UAE in advancing its investment climate reforms and strengthening its position as a global destination for foreign direct investment.
The partnership focuses on further enhancing the predictability, transparency, and international competitiveness of the United Arab Emirates (UAE)’s investment environment, in line with the country’s strategic priorities.
Under this partnership framework with the UAE Ministry of Investment, the World Bank will deploy its global knowledge and expertise to support a comprehensive investment reform agenda.
This is done with a focus on strengthening the institutional foundations that attract and sustain high quality investment, while positioning the United Arab Emirates to capture emerging opportunities in an evolving global investment landscape.
“This partnership reflects the World Bank’s commitment to supporting the UAE in building a world-class investment environment,” said Boutheina Guermazi, World Bank Director for Strategy and Operations for the Middle East, North Africa, Afghanistan and Pakistan region (MENAAP).
“By combining global expertise with locally tailored solutions, we aim to help the UAE attract and retain high-quality investment that drives inclusive and sustainable economic growth.”
To which the Under-secretary of the UAE Ministry of Investment Mohammad Abdulrahman Alhawi added: “Building on the longstanding collaboration between the UAE and the World Bank, anchored in the 2019 framework agreement with the Ministry of Finance.”
“This partnership reaffirms our ambition to position the UAE as a strategic gateway for global investment. Entering the world’s top 10 Foreign Direct Investments (FDI) destinations in 2024 was a milestone.”
“Now, our ambition is to double annual FDI by 2031 to reach US$65 billion. We remain committed to an investment climate that is ever more transparent, agile, and competitive.”
This partnership with the World Bank directly supports the UAE’s broader national objectives, including those articulated under its National Investment Strategy, to position the country as a global hub for investment, innovation, and sustainable economic growth.
