whatsapp

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

  • 0
  • 508
/media/gulfarticles_8_gHaPTmR.webp © Image Copyrights Title

Dubai – The UAE’s ambitious plan to attract Dh128 billion in foreign direct investment (FDI) over the next six years is expected to generate thousands of job opportunities across multiple industries. Key sectors benefiting from this investment include manufacturing, technology, hospitality, retail, finance, healthcare, logistics, and renewable energy.

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.

Related Posts
© Nvidia CEO Jensen Huang says AI is in a ‘virtuous cycle’

Nvidia CEO Jensen Huang says AI is in a ‘virtuous cycle’

Gyeongju, South Korea: Nvidia Chief Executive Jensen Huang said on Friday that artificial intelligence has entered a “virtuous cycle” of growth, with improvements in AI technology driving more investm...

  • 101
© Cartea launches free car-selling service in the GCC

Cartea launches free car-selling service in the GCC

Dubai: GCC-based online car platform Cartea has launched a new free car-selling service, removing listing and commission fees for users. The move aims to make car trading easier and more affordable fo...

  • 163
© Oman rolls out new labour reforms: Longer licenses, fee cuts announced

Oman rolls out new labour reforms: Longer licenses, fee cuts announced

Muscat: Oman’s Ministry of Labor has announced new labour reforms under Ministerial Decision No. 602/2025, introducing longer work-license validity, lower fees, and exemptions for several worker categ...

  • 196
© Indonesian miner Antam’s profit surges as gold demand soars

Indonesian miner Antam’s profit surges as gold demand soars

Jakarta: Indonesia’s state-owned miner PT Aneka Tambang Tbk (Antam) reported a sharp rise in profit for the first nine months of 2025, boosted by strong global and domestic demand for gold....

  • 164
© Dubai gold price stays below Dh500 amid weaker haven demand and rate cut hopes

Dubai gold price stays below Dh500 amid weaker haven demand and rate cut hopes

Dubai: Gold prices in Dubai remained below the Dh500 per gram mark on Tuesday, reflecting weaker global demand for the metal as investors anticipate further U.S. interest rate cuts....

  • 182
© How Saudi Arabia is diversifying beyond oil and betting big on AI

How Saudi Arabia is diversifying beyond oil and betting big on AI

Riyadh: Saudi Arabia is fast reshaping its economy by investing heavily in artificial intelligence (AI), tourism, and sports, as it moves away from decades of oil dependence....

  • 178
© Target cuts 1,800 corporate jobs in biggest layoff in a decade

Target cuts 1,800 corporate jobs in biggest layoff in a decade

Minneapolis: U.S. retail giant Target announced it will cut about 1,800 corporate jobs, marking its largest round of layoffs in 10 years....

  • 298
© Madinah emerges as Saudi Arabia’s next big investment hub

Madinah emerges as Saudi Arabia’s next big investment hub

Madinah: The city of Madinah is fast becoming one of Saudi Arabia’s most attractive investment destinations. Over 224 development projects worth more than SAR200 billion are now underway across the re...

  • 224
© Oil Prices Jump 3% After U.S. Sanctions Major Russian Oil Companies

Oil Prices Jump 3% After U.S. Sanctions Major Russian Oil Companies

Washington: Oil prices surged nearly 3% on Wednesday after the Trump administration imposed new sanctions on Russia’s two largest crude producers, Rosneft and Lukoil, citing Moscow’s “lack of serious ...

  • 220
© Emirates NBD to Acquire 60% Stake in India’s RBL Bank for $3 Billion

Emirates NBD to Acquire 60% Stake in India’s RBL Bank for $3 Billion

Dubai: Dubai’s largest bank, Emirates NBD (ENBD), will acquire a 60% stake in India’s RBL Bank for about $3 billion, marking the biggest cross-border acquisition in India’s financial sector....

  • 263
© Samsung and Google Unveil AI-Powered Galaxy XR Headset to Rival Apple

Samsung and Google Unveil AI-Powered Galaxy XR Headset to Rival Apple

New York: Samsung, in collaboration with Google and Qualcomm, has launched the Galaxy XR, a new AI-powered mixed reality headset aimed squarely at Apple’s Vision Pro and Meta’s Quest line....

  • 221
© Time to Remit? Indian, Pakistani, and Philippine Currencies Stay Weak in UAE

Time to Remit? Indian, Pakistani, and Philippine Currencies Stay Weak in UAE

Dubai: Asian currencies remain soft against the UAE dirham, giving expatriates in the Emirates better value for remittances this week....

  • 235
© Crowd Digital Takes Center Stage at 2025 LBBC Event in London

Crowd Digital Takes Center Stage at 2025 LBBC Event in London

London: Dubai-based technology firm Crowd Digital played a leading role at the 2025 London Libyan-British Business Council (LBBC) platform, showcasing how digital transformation and AI-driven innovati...

  • 235
© Dubai Gold Prices Hit New Record as Global Demand Surges

Dubai Gold Prices Hit New Record as Global Demand Surges

Dubai: Gold prices in Dubai climbed to a new record on Tuesday as renewed global demand and safe-haven buying pushed bullion higher....

  • 283
© Philippines to Accept Google Pay, Apple Pay via Aqwire, Major Boost for OFWs

Philippines to Accept Google Pay, Apple Pay via Aqwire, Major Boost for OFWs

Dubai: Overseas Filipino Workers (OFWs) in the UAE will soon have a faster and simpler way to send money home and pay bills in the Philippines. Fintech firm Aqwire has become the first Philippine comp...

  • 271
© Diwali 2025: Dubai Shoppers Keep Buying Gold Despite Record Prices

Diwali 2025: Dubai Shoppers Keep Buying Gold Despite Record Prices

Dubai: Gold prices in Dubai remain near record highs, but festive shoppers are still crowding jewellery stores ahead of Dhanteras and Diwali, choosing lighter designs and smarter buying options to kee...

  • 310
© Dubai Launches Region’s First AI-Powered Drone System for Smart Ports

Dubai Launches Region’s First AI-Powered Drone System for Smart Ports

Dubai: The Dubai Ports Authority (DPA), part of the Ports, Customs and Free Zone Corporation, has launched ‘Port Eye’, the region’s first AI-powered drone monitoring system to enhance safety and effic...

  • 260
© Gold Prices in UAE Hit Dh523 as Global Uncertainty Deepens

Gold Prices in UAE Hit Dh523 as Global Uncertainty Deepens

Dubai: Gold prices in the UAE climbed to a new record on Friday, extending a week-long rally driven by safe-haven demand, global tensions, and expectations of further U.S. Federal Reserve rate cuts....

  • 226
© India to Stop Buying Russian Oil, Says Trump; Prices Jump

India to Stop Buying Russian Oil, Says Trump; Prices Jump

Oil prices rose on Thursday after U.S. President Donald Trump said India would stop buying oil from Russia, a move that could reduce global supply....

  • 252
© UAE Gold Prices Hit Record High as Global Tensions Lift Demand

UAE Gold Prices Hit Record High as Global Tensions Lift Demand

Dubai: Gold prices in the UAE climbed to a new all-time high on Thursday, crossing the Dh500 mark for the third day in a row as global uncertainty and interest-rate cut hopes pushed bullion higher....

  • 260
Commnets 0
Leave A Comment