13 Arab countries attracted about $ 71 billion in foreign direct investment during the year 2023, according to a report by the United Nations Trade and Development Organization (UNCTAD). The UAE topped with $30.7 billion, representing 42.8 percent of the total, compared to $12.32 billion attracted by Saudi Arabia with a share of 17.18 percent.
Egypt came in third with $ billion (13.72%), followed by Bahrain with $6.84 billion (9.54%), Oman $4.74 billion (6.61%), and Kuwait $2.11 billion (2.94%). In seventh place was Algeria, which attracted foreign direct investment estimated at $ 1.22 billion (1.7%), followed by Morocco with $ 1.09 billion (1.52%), Jordan with $ 843 million (1.18%), and Tunisia with $ 768 million (1.07%). Then came respectively: Lebanon $ 655 million, Sudan $ 548 million, and Palestine $ 35 million.
Source (Al-Khaleej Emirati Newspaper, Edited)
