DUBAI, Oct. 6 (Xinhua) -- Foreign Direct Investment (FDI) in Dubai rose 26 percent year-on-year to reach 4.84 billion U.S. dollars in the first half of 2018, according to the official Dubai Media Office on Saturday.
The number of FDI projects surged to 248, a year-on-year increase of 40 percent, it said.
"The rise in FDI capital and projects reinforces Dubai's leading position as the preferred global location for international businesses and start-ups pursuing growth and expansion and clearly reflects investors' confidence in Dubai's economy," said Sheikh Hamdan Bin Mohammed Al-Maktoum, the Crown Prince of Dubai.
Strategic projects accounted for 56 percent of the total investment projects that Dubai attracted in the first half of 2018.
The United States, India, Thailand, Spain and Britain topped the list of source countries for FDI capital.
