whatsapp

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

  • 0
  • 429
/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
© Etihad Rail Poised to Spark UAE’s Next Economic and Employment Boom

Etihad Rail Poised to Spark UAE’s Next Economic and Employment Boom

Dubai – The UAE’s flagship national railway project, Etihad Rail, is set to redefine transportation and drive long-term economic transformation as it nears its 2026 launch....

  • 91
© Saudi Red Sea Authority Launches First-Ever Cruise Ship Regulations

Saudi Red Sea Authority Launches First-Ever Cruise Ship Regulations

Riyadh – The Saudi Red Sea Authority (SRSA) has unveiled Saudi Arabia’s first official regulatory framework for cruise ship operations, a significant step in the Kingdom’s bid to become a global marit...

  • 101
© Budget Jewellery Buyers Still Active Despite High Dubai Gold Prices

Budget Jewellery Buyers Still Active Despite High Dubai Gold Prices

Dubai – Gold prices may be hovering around Dh370 per gram for 22K, but that hasn’t stopped budget-conscious shoppers from visiting Dubai’s jewellery stores....

  • 111
© UAE and Azerbaijan Sign CEPA to Boost Trade, Investment, and Sectoral Growth

UAE and Azerbaijan Sign CEPA to Boost Trade, Investment, and Sectoral Growth

Abu Dhabi – The UAE and Azerbaijan signed a Comprehensive Economic Partnership Agreement (CEPA) on Wednesday, in a move aimed at deepening economic ties and unlocking investment opportunities in key ...

  • 118
© EU Removes UAE from High-Risk AML List, Unlocking Trade and Investment Channels

EU Removes UAE from High-Risk AML List, Unlocking Trade and Investment Channels

Dubai – In a major boost to international business confidence, the European Union has removed the UAE from its list of high-risk countries for anti-money laundering (AML) and counter-terrorism financ...

  • 115
© SmartCrowd Sells Majority Stake to Egypt's Nawy Amid Proptech Expansion

SmartCrowd Sells Majority Stake to Egypt's Nawy Amid Proptech Expansion

Dubai – Dubai-based property investment platform SmartCrowd has sold a majority stake to Egypt’s proptech firm Nawy, marking a key consolidation in the region’s fast-evolving digital real estate sect...

  • 120
© UAE Joins Top 10 Global Trading Partners of Eurasian Economic Union

UAE Joins Top 10 Global Trading Partners of Eurasian Economic Union

Dubai – The United Arab Emirates has secured its position among the top ten global trading partners of the Eurasian Economic Union (EAEU), following the signing of a Comprehensive Economic Partnership...

  • 118
© Gold Prices Drop as Tariff Threats Linger — UAE Buyers Eye Lower 22K, 24K Rates

Gold Prices Drop as Tariff Threats Linger — UAE Buyers Eye Lower 22K, 24K Rates

Dubai – Gold prices slipped over 1 percent globally on Monday after U.S. President Donald Trump signaled openness to further trade negotiations, even while maintaining tariff threats. This development...

  • 135
© Saudi Arabia Sees 51% Surge in Blockchain Business Registrations by Q2

Saudi Arabia Sees 51% Surge in Blockchain Business Registrations by Q2

Riyadh – Saudi Arabia has recorded a 51 percent year-on-year increase in business registrations related to blockchain technologies by the end of the second quarter of 2025, the Ministry of Commerce an...

  • 178
© Saudi Arabia Launches New E-Commerce Payment System to Make Online Shopping Easier and Safer

Saudi Arabia Launches New E-Commerce Payment System to Make Online Shopping Easier and Safer

The Saudi Central Bank (SAMA) has introduced a new e-commerce payment system that aims to improve how online payments are made across the Kingdom. This is a big step forward in Saudi Arabia’s push to ...

  • 165
© Buy Gold in UAE, India, or Elsewhere in GCC? What You Need to Know About Prices, VAT, and Design Trends

Buy Gold in UAE, India, or Elsewhere in GCC? What You Need to Know About Prices, VAT, and Design Trends

Gold remains one of the most cherished purchases for residents and travelers alike across the UAE, India, and the broader GCC. But where you buy gold, and under what tax regime, can significantly affe...

  • 161
© United Airlines Flight UA82 Aborts Takeoff to India After Mid-Air Cooling Fault

United Airlines Flight UA82 Aborts Takeoff to India After Mid-Air Cooling Fault

Dubai: A United Airlines flight bound for New Delhi, India, was forced to abort its journey and return to Newark Liberty International Airport following a technical malfunction in the aircraft’s elect...

  • 746
© Dubai Land Department Partners with Crypto.com to Launch Blockchain Real Estate Platform

Dubai Land Department Partners with Crypto.com to Launch Blockchain Real Estate Platform

Dubai: The Dubai Land Department has signed a landmark partnership with global crypto platform Crypto.com to develop a blockchain-based real estate ecosystem that will allow virtual buying, selling, t...

  • 140
© Are Oil Prices Headed for a Slump as OPEC+ Accelerates Output?

Are Oil Prices Headed for a Slump as OPEC+ Accelerates Output?

Dubai: Crude oil prices may be on the verge of a downturn as the OPEC+ alliance ramps up production at a pace that could outstrip global demand. Leading investment banks have warned that benchmark oil...

  • 123
© Saudi Arabia’s Q-Commerce Star Ninja Secures SAR 1 Billion in Funding

Saudi Arabia’s Q-Commerce Star Ninja Secures SAR 1 Billion in Funding

Riyadh: Saudi Arabia’s fast-rising Q-Commerce platform, Ninja, has raised SAR 1 billion in a significant investment round led by Riyad Capital, as the company aims to accelerate expansion across the K...

  • 240
© Will UAE Gold Prices Fall If Trump Strikes Trade Deals?

Will UAE Gold Prices Fall If Trump Strikes Trade Deals?

Dubai: UAE gold prices are under renewed pressure this week, with signs pointing to a potential drop to the Dh360 per gram level, contingent on a geopolitical trigger from Washington....

  • 157
© AirAsia Inks $12 Billion Airbus Deal During Malaysian PM’s Visit to France

AirAsia Inks $12 Billion Airbus Deal During Malaysian PM’s Visit to France

Paris/Kuala Lumpur — AirAsia has signed a tentative $12.3 billion agreement with Airbus SE to acquire up to 70 extended-range A321XLR jets, marking one of the largest commercial aviation deals of the ...

  • 155
© Kuwait Wealth Fund Sells $3.4 Billion AIA Stake in Major Hong Kong Deal

Kuwait Wealth Fund Sells $3.4 Billion AIA Stake in Major Hong Kong Deal

Hong Kong —The Kuwait Investment Authority (KIA) has quietly sold a 3.7% stake in AIA Group Ltd., raising HK$26.8 billion ($3.4 billion) in one of the year’s largest equity deals in Hong Kong....

  • 214
© Gold at $3,336: What Entry Price Should UAE and Gulf Investors Watch?

Gold at $3,336: What Entry Price Should UAE and Gulf Investors Watch?

Dubai — As gold holds steady at $3,336 an ounce, UAE and Gulf investors are closely watching price action, with many identifying $3,250/oz as a key level to build or expand their positions....

  • 261
© International Visitors Spend Nearly SR50 Billion in Saudi Arabia in Q1 2025

International Visitors Spend Nearly SR50 Billion in Saudi Arabia in Q1 2025

Riyadh — Saudi Arabia reported SR49.4 billion in international visitor spending during the first quarter of 2025, marking a 9.7% year-on-year increase, according to the Ministry of Tourism....

  • 207
Commnets 0
Leave A Comment