Tuesday 18 June 2013

Foreign investment in Arab states rises despite unrest - Your Middle East

"The flow of foreign direct investment into Arab states, including those hit by uprisings, rose by 9.8 percent last year despite the unrest but remained well below their 2010 level, a report said on Tuesday.

Arab states attracted FDI worth $47.1 billion in 2012 compared with $42.9 billion the previous year, the Arab Investment and Export Credit Guarantee Corporation said in its annual report.

However, the investment rate was 28.5 percent lower than its level of $66.2 billion in 2010, the year when the Arab Spring uprisings first erupted, said the Kuwaiti-based organisation."

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