Singaporean firms played a significant role in sectors such as software and IT services and financial services.Singaporean companies invested US$111m across 41 foreign direct investment (FDI) projects in Dubai in 2024.According to Dubai FDI Monitor data, Singaporean firms played a significant role in sectors such as software and IT services, financial services, food and beverages, transportation and warehousing, and consumer products.Several major Singapore-based companies expanded their operations in Dubai. Dymon Asia Capital, an investment management firm, established a new office, whilst DBS Group and Bank of Singapore grew their presence in the Dubai International Financial Center (DIFC) to cater to clients in the Gulf Cooperation Council (GCC), India, and Greater China.https://sbr.com.sg/markets-investing/news/singaporean-firms-invested-us111m-in-dubai-fdi-projects-in-2024  (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 14 March 2025