Economy

xchrom

(108,903 posts)

26. Despite unrest, foreign investment in Arab states rises

Reply to Tansy_Gold (Original post)

Tue Jun 18, 2013, 07:16 AM

Jun 2013

http://www.rawstory.com/rs/2013/06/18/despite-unrest-foreign-investment-in-arab-states-rises/

The flow of foreign direct investment into Arab states, including those hit by uprisings, rose by 9.8 percent last year despite the unrest but remained well below their 2010 level, a report said on Tuesday.

Arab states attracted FDI worth $47.1 billion in 2012 compared with $42.9 billion the previous year, the Arab Investment and Export Credit Guarantee Corporation said in its annual report.

However, the investment rate was 28.5 percent lower than its level of $66.2 billion in 2010, the year when the Arab Spring uprisings first erupted, said the Kuwaiti-based organisation.

The report covered 20 out of the 22-Arab League member states excluding war-torn Syria and the tiny Comoros.

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