Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group held talks with Jamal Saif Al Jarwan, Secretary General of UAE International Investors Council at the Al Habtoor Group Head Office on March 10. Also present was K. P. Rajan, Group Financial Advisor, Al Habtoor Group and Sunderesh Iyer, Chief Operating Officer, Al Habtoor Investments.
The Chairman commended the work being conducted by the UAE International Investors Council to further promote the country as an investment destination to encourage more investors to the UAE.
Al Habtoor said, “The UAE is one of the safe havens of the world. We have a strong financial sector which is growing and we have an active and diverse economy. Many expatriates chose to live in the Emirates because of the attractive benefits of investing here.”
“The UAE is politically stable, tax free and has well established free zones offering foreign businesses attractive concessions and investment incentives. In addition we are geographically well placed between Europe and Asia. This is a big advantage to investors,” he added.
In 2015 foreign direct investment contributed roughly five per cent to the UAE’s Gross Domestic Product (GDP).