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Foreign investment in the Arab world

Dammam, 15 December 2000

Saudi Arabia topped Arab countries for the inflow of foreign investments in 1999 by receiving $4.8 billion, 54.7 per cent of all foreign investments received by Arab countries in the year, the Arabic newspaper 'al-Eqtisadiah' reported.

Egypt came second by attracting $1.5 billion foreign investment or 17.1 per cent of the total, followed by Morocco with $847 million, 9.7 per cent of the total.

The United Nations Conference on Trade and Development (UNCTAD) report revealed that Arab countries combined share of direct foreign investment was only one per cent of the total, amounting to $8.7 billion out of a total foreign investment of $865.5 billion.
Source: SPA
©Saudia-Online
December 15th, 2000  

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 June 28, 2001 15:44:11