Monday, 31 March 2014

Capital begins to return to Arab nations despite problems of political instability - FT.com

Capital begins to return to Arab nations despite problems of political instability - FT.com:



"The world may be recovering from the financial crisis, but the Middle East’s attempts to lure investment have lagged behind during three years of political unrest.



Global foreign direct investment rose 11 per cent in 2013 to $1.46tn, a level comparable with the pre-crisis average, according to the United Nations Conference on Trade and Development. West Asia, however, was the only region to witness a fifth consecutive year of declining FDI in 2013, falling another 20 per cent to $38bn.



Saudi Arabia, the largest Arab recipient, faced a decline of 19 per cent to $9.9bn; Unctad said: “The worsening political instability in many parts of the region has caused uncertainty and negatively affected investment.”"



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