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26% of FDI for Arab world goes to Egypt - Daily News Egypt

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26% of FDI for Arab world goes to Egypt

Egypt received 26% of the foreign direct investment (FDI) inflows to Arab countries in 2016, worth $8.1bn, compared to $6.9bn in 2015, according to the Arab Investment and Export Credit Guarantee Corporation report 2017. The report said that the total FDI inflows to the Arab world amounted to $30.8bn in 2016, compared to $24.6bn in …


Egypt received 26% of the foreign direct investment (FDI) inflows to Arab countries in 2016, worth $8.1bn, compared to $6.9bn in 2015, according to the Arab Investment and Export Credit Guarantee Corporation report 2017.

The report said that the total FDI inflows to the Arab world amounted to $30.8bn in 2016, compared to $24.6bn in 2015.

The corporation added that the existing FDIs in Egypt in 2016 represent 12.3% of the FDIs existing in the Arab world, amounting to $102.3bn compared $94.3bn in 2015.

Meanwhile, Egypt’s FDIs existing in other countries are 2% of the current Arab FDIs abroad. Egypt’s existing FDIs to the world amounted to $7.2bn in 2016, compared to $7bn in 2015.

Saudi Arabia came in first place in existing FDIs in 2016 by 27.8%, followed by the UAE with 14%.

Egypt came in third place after the United Arab Emirates (UAE), as the latter received about 29% of FDIs to the Arab world.

The amount of FDIs in the UAE in 2016 amounted to $8.9bn, compared to $8.7bn in 2015.

Meanwhile, Egypt’s FDIs to the world represents 0.7% of the FDIs from the Arab world, which amounted to $207m in 2016, compared to $182m in 2015.

The UAE came in first place in pumping FDIs to the world by 53.7%, estimated at $15.7bn in 2016, compared to $16.7bn in 2015.

Saudi Arabia came in second place in pumping FDIs to the world by 28.6%, registering $8.3bn in 2016, compared to $5.4bn in 2015.

Arab FDIs to the world amounted to $29.3bn in 2016, while it recorded $34.5bn in 2015, according to the corporation.

Topics: arab world Egypt FDI
https://cdn2.dailynewsegypt.com/2017/11/07/26-fdi-arab-world-goes-egypt/
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