UAE stays region’s top foreign investment hub in Q1 – ZAWYA

UAE stays region’s top foreign investment hub in Q1 – ZAWYA

India was the top acquirer country for inbound investment into the Middle East in Q1 2020 in terms of volume with seven deals valued at $130 million.. The UAE remained the most attractive foreign investment destination both by volume and value with 16 deals amounting to $ 1.1 billion.. Saudi Arabia was the top acquirer country by value with $2.6 billion and ranked second by volume with nine deals.. The US was the top target country for outbound deals in terms of volume benefiting from 12 deals valued at $820 million followed by Egypt (six deals) and the UK (3three deals).. Egypt was the most popular target country by value as its deals accounted for $2.4 billion or 66 per_cent of all outbound activity from the region.. The UAE remained the most attractive foreign investment destination in the first quarter as the value of merger and acquisition activity in the Middle East during the period rose by $5 billion in comparison to the previous quarter..