UAE to Create Thousands of Jobs as It Targets Dh128 Billion in FDI

Experts predict a surge in demand for professionals specializing in artificial intelligence (AI), cybersecurity, software development, cloud computing, renewable energy research, wealth management, credit risk analysis, supply chain management, and industrial automation.

National Investment Strategy to Drive Job Growth

On Monday, the UAE Cabinet approved the National Investment Strategy 2031, aiming to more than double the country’s annual foreign investment inflows from Dh112 billion in 2023 to Dh240 billion by 2031. This strategic move is set to boost employment and diversify the economy by attracting high-value industries.

“Foreign investments are a key driver for job creation, both directly and indirectly. The demand for skilled professionals in technology, finance, logistics, and renewable energy will rise significantly. This will open doors for both local talent and global professionals seeking opportunities in a dynamic and growing economy,” said Hamza Dweik, Head of Trading and Pricing for MENA at Saxo Bank.

Key Sectors Poised for Hiring

Experts foresee strong job creation in large-scale projects, infrastructure, and advanced manufacturing. As investment flows into these industries, opportunities will expand across diverse skill sets.

• Manufacturing and Industrial Innovation – Demand will rise for engineers, technicians, and supply chain professionals. Emerging areas like 3D printing and automation will create specialized job roles.
• Technology and IT – The digital economy will thrive, leading to increased hiring in AI, cybersecurity, software development, and cloud computing.
• Financial Services and Fintech – Growth in digital banking and financial technology will drive demand for wealth managers, credit analysts, and risk assessment professionals.
• Renewable Energy – Researchers and engineers will be needed for projects focused on solar, wind, and green hydrogen technologies.
• Logistics and Supply Chain – Expansion in transport and warehousing will boost hiring in supply chain management.

"The National Investment Strategy 2031 will create a diverse and resilient job market, reducing dependence on traditional sectors. It will not only provide immediate employment but also foster long-term career growth in emerging industries,” said Hassan Fawaz, Chairman and Founder of GivTrade.

Impact on the Non-Oil Economy

As part of the UAE’s economic diversification efforts, the government is focusing on reducing dependency on oil revenues and fostering a future-ready economy.

According to Vijay Valecha, Chief Investment Officer at Century Financial, FDI will drive:

• New business establishments, directly creating jobs.
• Indirect job creation, particularly in infrastructure, construction, and support industries.
• Growth in key sectors such as industry, transport, logistics, renewable energy, telecommunications, and IT.

Additionally, the UAE Cabinet reviewed the progress of the National Digital Economy Strategy 2031, which aims to increase the digital economy’s contribution to GDP from 9.7% to 19.4%. This signals a strong focus on technology-driven job creation.

Long-Term Economic Growth and Knowledge Transfer

Experts believe that increased FDI inflows will have positive ripple effects beyond job creation, including:

• Knowledge transfer and enhanced business practices.
• Infrastructure improvements, facilitating more investment opportunities.
• A stronger financial sector, making the UAE a more attractive global investment hub.

"This strategy is not just about jobs—it’s about sustainable long-term economic expansion. The UAE is cementing its position as a global leader in investment, innovation, and talent attraction," added Hassan Fawaz.

With the UAE's commitment to boosting foreign investment, the country is on track to create thousands of new jobs across high-growth sectors. As global companies expand in the region, skilled professionals in technology, finance, logistics, and renewable energy will be in high demand, further solidifying the UAE’s position as a dynamic and competitive economic powerhouse.