The Arab Investment & Export Credit Guarantee Corporation, revealed that foreign direct investment flows to the Arab countries slightly declined in 2018, while the value of their investments increased amid the decline of the attractiveness of the region to investors.
The Foundation disclosed in its annual report on the investment climate in the Arab countries for the year 2019, that investments in the region fell by 0.34 percent to $31.2 billion in 2018 compared to 31.3 billion in 2017.
According to the same report, FDI inflows from Arab countries rose 27.4 percent to $47.8 billion in 2018 and a global total of $1.014 trillion.
Saudi Arabia and the United Arab Emirates topped the list of flows from the region respectively, and with a 76 percent in 2018.
The report showed that the Arab countries fell on the foundation index of investment attractiveness for the year 2019, becoming the fifth largest in the world among seven geographical groups.
Source: (Al-Arabiya.net, Edited)