FINANCIAL NEWS

FDI outflows from Arab nations jump to USD28.4bn

01 Feb 2017

(MENAFN) FDI outflows from Arab Nations experienced a leap of 96 percent, jumping from USD14.5bn to USD28.4bn, while it constituted 1.9pct of the global total of USD1.47tr.

Qatar, Kuwait, KSA and the UAE showed the main sources of the region’s outflows with 86.2 percent in 2015, while the UAE came in the first place with investments at USD9.3bn.

Moreover, it was followed by Saudi Arabia with USD5.5bn showing 19.7 percent, whereas Kuwait ranked third on the Arab level with USD5.4bn and a share of 19.3pct.

In addition, Qatar reached the 4th place with USD4bn and a share of 14.3pct, followed by Libya at USD864mn, accounting for 3.1 percent.

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MENAFN0102201700450000ID1095229152

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