Foreign Direct Investment (FDI) inflows to the Arab World fell 6.3 per cent to $60 billion (Dh220bn) in 2008 from $64bn in the previous year, said a UN study.
They are expected to go down further this year.
The Economic and Social Commission for Western Asia (ESCWA) for the UN said the decline in FDI is due to the global economic slowdown and its severe impact on transnational corporations, which has in turn led to delays in the implementation of a number of investment projects in several Middle Eastern countries.
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