UAE continues to attract investment as part of its advanced infrastructure: RAQ CEO

By Ashika Rajan, Trainee Reporter
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Impact Investment
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According to Mr. Rami Al Qaisi, CEO of RAQ Contracting, the UAE’s investment, and legislative environments are highly appealing to investors, who continue to make investments due to the many facilities that the Emirate provides to investors, contractors, and employers, as well as its advanced infrastructure.

Mr. Al Qaisi said that the UAE’s flexible laws, which guarantee justice for all, inspired him to select the UAE over any other country to do business.

The CEO emphasized that Dubai’s achievements in hosting and organizing significant events and exhibitions, most notably Expo 2020 Dubai, which will begin in October 2021, and added that the UAE’s investment environment has attracted investors to work, invest, and even live in the country.

Mr. Al Qaisi remarked that “as investors, we are aware of all the changes taking place in the region and the world that may affect our businesses. The UAE is known for its strong and resilient economy, which was able to navigate the COVID-19 fallout, encouraging foreign investors and companies to open new branches in the Emirate.”

He further stated that the rising business activity of international investors and enterprises is directly related to the sustained and strong activity in UAE markets, as well as the Emirate’s implementation of several initiatives and incentives in many sectors, which further encourage foreign investment.

Mr. Al Qaisi underlined his optimism in the UAE’s investment future. “We remain optimistic about the UAE’s future as there are several positive prospects in terms of living and doing business in the Emirate. There are still good investment opportunities in 2021, which has been an extraordinary year with the UAE celebrating its golden jubilee and launching Expo 2020 Dubai,” he added.

Mr. Al Qaisi pointed out that his UAE Golden Residency entitles him to a slew of benefits, and thanked the Emirate’s leadership for their unwavering support and pledges to investors.

Related: UAE created 248,000 jobs amid pandemic crisis; Sheikh Mohammed