Uganda, May 9 -- Uganda was yesterday crowned as the best investment destination for the United Arab Emirates (UAE) in Africa.

The State Minister of Finance (Investment and Planning) received the award at the Annual Investment Meeting (AIM) gala dinner at the National Exhibition Centre in Abu Dhabi, UAE.

The two-day meeting that kicked off on Tuesday ended yesterday. It ran under the theme: "Adapting to a shifting investment landscape: Harnessing new potential for global economic development.''

The ongoing conference has attracted 12,000 participants from 174 countries across the world.

Ms Anite said the participating countries are grouped by continents and then assessed.

"They assess how you treat investments in your country and the...