Qatar hopes the lifting of the economic blockage imposed by its GCC neighbours and the forthcoming Fifa World Cup can boost FDI into Doha.
Kuwait City may not aspire to emulate the glitz of regional rivals such as Dubai, but through the Vision 2035 plan it is hoping to compete when it comes to FDI attractiveness.
Little of Saudi Arabia’s Vision 2030 focuses on investment into Jeddah, but if the plan is to come to fruition the country will require more than just one economic centre.
While FDI has declined sharply across the world, the number of projects in Dubai rose in 2020 as the city continued to welcome business travel despite the pandemic.
Abu Dhabi’s measures to increase FDI levels go beyond wanting to diversify its economy, with plans to become one of the most desirable cities in the world to live and work in.