Arab investment laws are still not attractive enough to foreign capital as they include many obstacles and do not provide enough protection to investors, according to the Arab League's main financial and investment institution.
Despite a sharp increase in foreign capital flow into some Arab nations over the past few years, regional countries still impose restrictions and some of their governments do not respect agreements signed with the investors, the Inter-Arab Investment Guarantee Corporation (IAIGC) said.
"There are too many obstacles for foreign investment and inter-Arab investment in the region. They include the absence of a unified law to regulate investment in member states and failure of some governments to comply with the agreements they sign with the investors," said Fahd bin Rashid Al Ibrahim, IAIGC Director.
No comments:
Post a Comment