FINANCIAL NEWS

Arab Foreign Direct Investment down 8 percent in 2014

28 Jul 2015

(MENAFN) Arab Foreign direct investment (FDI) dropped 8.0 percent last year. UAE and Saudi owned approximately half of the total funds, Times of Oman reported.

Arab states attracted FDI equals to USD43.9 billion in 2014 compared with USD47.5 billion in the former year.

The amount has decreased from USD66.2 billion engrossed in 2010 prior to the Arab Spring uprisings in the region.

UAE, with FDI worth USD10.1 billion, topped the list of Arab Foreign Direct Investment, followed by Saudi with USD8 billion.

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