Worrying drop in Gulf’s inward investment inflows | GulfNews.com

Worrying drop in Gulf’s inward investment inflows | GulfNews.com:



"The Gulf countries need to enhance their investment laws to put an end to the disturbing trend of decline in the inflows of foreign direct investments.



The ‘World Investment Report 2015’, released recently by the World Conference on Trade and Development (Unctad), has confirmed this worrying trend. Together, the Gulf economies enticed some $20.7 billion in 2014, down from $22.5 billion in 2013. As a consequence, their share of the inflow of FDI has fallen from 50.3 per cent in 2013 to 48.1 per cent in 2014 within the West Asia region. The other countries within this territory are Iran, Jordan and Syria and Yemen.



For a second time running, the report confirms the UAE’s regional leadership in attracting foreign investments. This stood at $10.1 billion and $10.5 billion in 2014 and 2013 respectively. As such, the country generated almost 49 per cent of total inward FDI into the Gulf last year, a fact that says a lot about the significance of Dubai in particular."



'via Blog this'