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Arab investment declined in 2010
SAMAH HAMDY BISHOY RAMZY REYAD Published in Youm7 on 08 - 07 - 2011

Eighteen Arab countries attracted $64.3 billion in foreign direct investment (FDI)in 2010, a decline of 23.4 percent compared to 2009.
A report issued by the Arab Institution for Investment said Saudi Arabia led the countries with the most investments with $21.6 billion. Following was Qatar with $6.6 billion, Egypt with $6.4 and Lebanon with $4.95.
The report attributed the decline in investment to the effects of the financial crisis, clarifying that the Arab share of FDI declined to 5.7 from 7.1 percent in 2009.
The report also said the atmosphere of investment improved in 2010, reaching 1.3 points in 2010 over 0.7 in 2009.
Arab GDP recorded growth of 3.8 percent and it is expected to grow to 4.1 percent in 2011, the report concluded.

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