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FINANCIAL NEWS
UAE FDI outflow at USD55.5b in 32 yrs
01 Apr 2013
(MENAFN) The UN Conference on Trade and Development (UNCTAD) announced that between 1980 and 2011, the UAE foreign direct investment (FDI) outflow reached around USD55.5 billion, reported Emirates 24/7.
The amount allowed that country to be the biggest capital exporter among other Arab states.
The UAE was followed by Saudi Arabia, with FDI outflow of about USD26.5 billion, whereas Kuwait was third, with almost USD22.5 billion.
It is worth noting that in terms of FDI inflow, Saudi Arabia was the largest recipient of investments, with around USD186.8 billion in the 32-year period, followed by the UAE, with FDI inflow of almost USD85.4 billion.
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