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UAE ranks first among Arab countries in attracting FDI
(MENAFN- Emirates News Agency (WAM))
DUBAI 9th September 2015 (WAM) -- The United Arab Emirates has ranked first among Arab countries in attracting Foreign Direct Investment FDI which amounted to US$10.1 billion in 2014.
According to the Arab-Brazilian Chamber of Commerce the total Foreign Direct Investment flowing to the Arab world during 2014 amounted to US$43.9 billion.
The specialised study of the chamber found that UAE ranked first followed by Saudi Arabia and Egypt with US$8 billion and US$4.8 billion of FDI respectively.
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