The report of the Arab Investment Guarantee Corporation showed the success of 12 Arab countries in attracting 1655 new foreign investment projects implemented by 1591 companies from several Arab and foreign countries at a cost of about $ 63 billion during the period between January and October 2024.
The UAE ranked first in terms of the number of projects received with 1,095 projects, with a share of 66 percent of the Arab total. Egypt ranked first in terms of the investment cost of projects, with a value of more than $ 25.2 billion and a share of 40 percent of the Arab total. While Saudi Arabia ranked second in all indicators with a share of 16 percent of the number of projects, 22 percent of the investment cost, and 16 percent of the jobs created.
The UK was the largest investor in the region with 248 projects, with a share of around 15 percent of the total. The United States ranked first in terms of investment cost with a value of more than $9.5 billion, with a share of 15 percent.
Source (Al-Raya Qatari Newspaper, Edited)
