Riyadh – Mubasher: The impact of falling oil prices on foreign direct investment (FDI) and other forms of investment is still clear in major economies such as Saudi Arabia, where FDI inflows declined 8% to $7.45 billion in 2016 from $8.14 billion in 2015.
FDI outflows increased by 55% to reach $8.36 billion, compared to $5.39 billion in 2015, according to a report issued by the United Nations Conference on Trade and Development (UNCTAD).
The report added that the FDI inflows from South Asia and West Asia had declined by a combined 29% to $6 billion in 2016.
