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July 12, 2017,   2:50 PM

GCC States Top Arab Countries in 2016 FDI Inflows



Amro Elserty

FULL BIO

Gulf Cooperation Council states led the Arab world in terms of foreign direct investments (FDI) inflows during 2016, a report issued by the Kuwait-based Arab Investment and Export Credit Guarantee Corporation, Dhaman, stated.

UAE topped the list with around $9 billion, followed by Egypt and Saudi Arabia in second and third places respectively.

FDI inflows to Arab countries increased by 25% to reach $30.8 billion in 2016 compared to $24.6 billion the year before, the report added.

The total investment cost that was injected by no less than 773 new foreign investment firms in Arab countries in 2016 reached $94 billion, as more than 115,000 new jobs were created as a result.

The investment index focuses on countries’ ability to attract FDI based on the weaknesses and strengths of each nation’s economy and existing markets.

A total of 91 Arab companies launched investment projects outside their borders but in other neighboring Arab countries at a total cost of $22.2 billion.

Egypt received the lion’s share of intra-Arab investments with 60.4% of the total sum, followed by Saudi Arabia with 23.4% and Jordan with 3.4%.

To read this article in Arabic, please follow this link.

GCC States Top Arab Countries in 2016 FDI Inflows

Amro Elserty

FULL BIO

shutterstock 341381582
Gulf Cooperation Council states led the Arab world in terms of foreign direct investments (FDI) inflows during 2016, a report issued by the Kuwait-based Arab Investment and Export Credit Guarantee Corporation, Dhaman, stated.

UAE topped the list with around $9 billion, followed by Egypt and Saudi Arabia in second and third places respectively.

FDI inflows to Arab countries increased by 25% to reach $30.8 billion in 2016 compared to $24.6 billion the year before, the report added.

The total investment cost that was injected by no less than 773 new foreign investment firms in Arab countries in 2016 reached $94 billion, as more than 115,000 new jobs were created as a result.

The investment index focuses on countries’ ability to attract FDI based on the weaknesses and strengths of each nation’s economy and existing markets.

A total of 91 Arab companies launched investment projects outside their borders but in other neighboring Arab countries at a total cost of $22.2 billion.

Egypt received the lion’s share of intra-Arab investments with 60.4% of the total sum, followed by Saudi Arabia with 23.4% and Jordan with 3.4%.

To read this article in Arabic, please follow this link.



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