Dubai Retains Global Top Spot for attracting Greenfield FDI Projects in cultural and creative industries in 2024
Dubai has maintained its first place as the world’s leading destination for greenfield foreign direct investment (FDI) in the cultural and creative industries (CCI), topping the Financial Times’ fDi Markets ranking for the third consecutive year.The 2024 report, which assessed 233 cities under the ‘Creative Industries Cluster’ classification, placed Dubai ahead of global hubs such as London and Singapore. During the year, the emirate attracted 971 CCI projects—an 8% increase from 2023—bringing in AED 18.86 billion in capital inflows, up nearly 60% from 2023, and generating 23,517 new jobs, a 9% year-on-year rise.All major CCI subsectors saw stronger performance, with notable growth in advertising and PR, film and media production, gaming, education, and advanced software design. According ...