Friday 24 May 2013

Qatar ‘FDI outflow falls 29% in 2012’

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The outward foreign direct investments (FDI) from Qatar fell 29%; while those from the Middle East and Africa (MEA) region grew 9% in 2012, according to fDi Report 2013.

“Qatar saw a decrease in outward FDI in 2012, with FDI projects overseas falling from 38 in 2011 to 27 in 2012,” said fDi Intelligence, a specialist division of the Financial Times.

The five leading source countries for FDI all remained the same for 2012, except for Bahrain replacing Qatar in fifth place, it said, highlighting Qatar Petroleum International’s $3.6bn oil refinery to be built in Cairo, Egypt."

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