UAE, Saudi Arabia and Egypt Secure $11.2 Billion in FDI Inflows

UAE, Saudi Arabia and Egypt Secure $11.2 Billion in FDI Inflows

Highlights





Saudi Arabia attracted 49% of investments coming from Arab countries estimated at $4.9 billion during the same reference period.















The UAE, Saudi Arabia and Egypt drew up to 65.4% worth $11.2 billion of the total FDI inflows to the Arab nations in Q1-2020.

This was as per a report released by the Arab Investment & Export Credit Guarantee Corporation (Dhaman), a WAM report said.

 

In the meantime, Saudi Arabia attracted 49% of investments coming from Arab countries estimated at $4.9 billion during the same reference period. The UAE came second with a 38% share, followed by Bahrain, 10%, and Kuwait 1%.

The coal, hydrocarbon, chemicals, renewables and telecommunications sectors in the Arab countries