Live Currency Rates
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Arab Spring costs region USD800b  Join our daily free Newsletter

MENAFN - 05/10/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) The Union of Arab Chambers of Commerce and Industry's director, Adnan Al Qassar, stated that the Arab World has lost around USD800 billion as a result of the Arab Spring, reported Emirates 24/7.

Al Qassar said that the bulk of the amount were indirect losses, while the majority of the declines in capital flow occurred in Jordan, Egypt, Syria and the Maghreb countries.

However, he noted that flows could return to their normal levels as soon as the unrest is over, and once the Arab countries carry out reform plans, adding that in 2014, investments could reach USD23 billion.

It is worth noting that the political upheaval has also affected direct investment flow into the region as it declined to around USD8.6 billion last year from USD22.7 billion in 2010, according to Al Qassar.

 






  MENA News Headlines


 
Live Currency Rates






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help