Growth of UAE?s real-estate and hospitality sectors attracts higher foreign direct investment

The Higher Organising Committee of the Annual Investment Meeting AIM 2014 anticipates a spurt in Foreign Direct Investment FDI in hospitality and entertainment sectors in the UAE, driven by major developments taking place in the hotel industry.

AIM, which is expected to attract more than 10,000 visitors over three days, will discuss diverse topics related to investments in the hospitality sector in emerging markets.

The AIM, which has established itself as one of the high-profile annual economic events in the region, has attracted more than 120 countries this year. Investment in tourism will be a key topic on the agenda of AIM, along with other vital issues facing emerging economies around the world.

Mr. Dawood Al Shezawi, CEO, AIM?s Organizing Committee, ?In light of a series of directives by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, to simplify procedures for hotel investments in Dubai, we anticipate a huge interest from international investors keen to explore opportunities in the country. In addition, AIM will also be discussing the prospects of investment in other emerging economies of the world.?

AIM will gather representatives from government departments, private sector, decision-makers and leading drivers of the global economy under one roof.

via Growth of UAE?s real-estate and hospitality sectors attracts higher foreign direct investment |.

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