UAE's direct investments in Azerbaijani economy increased almost 4-fold

10:48 - 2.04.2024

April 2, Fineko/ The direct investments in the Azerbaijani economy attracted from the UAE in 2023 increased sharply last year.

ABC.AZ reports with reference to the Central Bank of Azerbaijan that in 2023, direct investments from the UAE into the Azerbaijani economy amounted to $318.97 million. The indicator is $238.57 million, or 297% (almost 4-fold) more than in 2022.

In 2022, UAE’s direct investments into the Azerbaijani economy reached $80.39 million.