The volume of foreign direct investment in Kuwait increased during the second quarter of this year by about 1 percent on an annual basis.
According to the quarterly statistics issued by the Central Bank of Kuwait, foreign direct investment in Kuwait during the second quarter of 2022 recorded about 4.228 billion dinars ($13.819 billion), compared to 4.186 billion dinars ($13.682 billion) during the same period of 2021. On a quarterly basis, the situation was different, as foreign direct investment in Kuwait decreased by 0.33 percent after it had reached 4.242 billion dinars in the first quarter of this year.
Statistics showed that Kuwait's international investment situation in the second quarter of 2022 amounted to 28.93 billion dinars, an increase of 16.32 percent from its level in the corresponding quarter of 2021, which amounted to 24.872 billion dinars.
With regard to direct investment abroad, it reached about 10.571 billion dinars in the second quarter of 2022, at the highest level since the first quarter of 2020, compared to its level of 8.007 billion dinars in the second quarter of 2021.
Source (Al-Rai Kuwaiti Newspaper, Edited)
