UAE the Attractive FDI Destination in the Middle East

In this era of globalization and high competition each and every nation is trying to attract maximum investments from overseas for the development and growth of the economy. Most of the Middle East economies are in the growth mode and are dependent on the revenue from oil, but the current decline in oil prices have very badly affected these economies and all are targeting to secure maximum foreign direct investments (FDI). Many of the developed nations and Multinational Corporations are in the search for the best destinations for their investments. The purpose of this study to identify the attractive destination for FDI in the Middle East.The flow of FDI into a country depends on the availability of a number of factors. This study probes into the existence of each of these factors in the various countries in the Middle East. Secondary data is used to rank each country on the basis of the parameters that attract FDI. The findings indicate that the UAE is the attractive FDI destination in the Middle East