ABU DHABI, Nov. 5 (Xinhua) -- The United Arab Emirates (UAE) aims to triple its foreign direct investment (FDI) balance to 2.2 trillion AED (around 600 billion U.S. dollars) by 2031, Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum said on Tuesday.

The ambitious plan, known as "the UAE Investment Strategy," was announced by Mohammed bin Rashid on social media platform X, formerly Twitter.<