Saudi Arabia tops foreign investment flows at $28bn - Retail - ArabianBusiness.com

Foreign direct investment (FDI) flows to the Economic and Social Commission for Western Asia, which includes the Gulf region, dropped by 15 percent last year, according to a new report.

FDI fell to $57bn from the $67bn in 2009, according to the World Investment Report 2011.

Apart for Oman and Lebanon, the drop affected all ESCWA countries, Abulgasim Abdullah, chief of financing for development section at ESCWA said in the report, which is published each year by UN Conference on Trade and Development (UNCTAD).

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