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Dubai FDI, Guidepoint sign new MoU to drive foreign investors growth

The MoU will support strategic directives of Dubai’s government

Dubai FDI and Guidepoint Middle East, Africa has entered into a partnership, media reports said. It is reported that the deal will pave the way for foreign investors to make investments, exchange ideas and partner in businesses in the UAE.

According to the MoU, it will support strategic directives of Emirates of Dubai’s government and carry out effective policies in accordance with the city’s development plans.

Fahad Al Gergawi, CEO of Dubai FDI, told the media, “We are engaging with Guidepoint to assist foreign investors in making better investment decisions.  Dubai’s advantage, as it is the preferred foreign direct investment destination, offers businesses the ease of conducting trade, world-class infrastructure, and opportunities in one of the smartest and most secure cities worldwide. Our partnership will focus on a tailor-made advisory and consultancy approach to better align potential investors with our strategic plans.”

It is reported that new FDI projects in the emirate were 190 in the first quarter of the year, attracting capital worth 12 billion DH despite the Covid-19 pandemic which have tumbled many economies.  The emirate saw investors from sectors such as ecommerce, technology and pharmaceutical industries.

According to Guidepoint, they are excited to contribute towards Dubai FDI’s mandate and assist to boost their hard work towards the development of sustained long-term economic growth.

Guidepoint is a New York-based company which specialises in connecting clients through vetted subject matter experts from their global professional network.

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