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FINANCIAL NEWS
FDI into the Arab World stands at USD43.9b in 2014
10 Sep 2015
(MENAFN) According to data released by the Arab-Brazilian Chamber of Commerce (ABCC), foreign direct investments (FDI) in the Arab world totaled USD43.9 billion in 2014.
In terms of countries, the UAE received more resources in 2014, totaling USD10.1 billion, followed by the Kingdom of Saudi Arabia (KSA) and Egypt at USD8 billion and USD4.8 billion, respectively.
On the other hand, Arab countries made FDIs worth USD33.4 billion in total. Kuwait was the biggest investor in the region with an investment of USD13 million during the same period.
“The latest figures affirm that Arab countries have emerged as an attractive destination for FDIs over the last few years,” Secretary General and CEO, Arab-Brazilian Chamber of Commerce, said.
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