Mubasher: The United Arab Emirates, Saudi Arabia and Egypt acquire 65% of foreign direct investments (FDI) in the Arab region, according to a report by the Arab Investment and Export Credit Guarantee Corporation (DHAMAN) released on Tuesday.
The UAE was the largest recipient of FDI inflows into Arab countries with $11 billion or 27.5% of total FDI inflows in 2015.
Saudi Arabia came second with a stake of 20.4% worth $8.1 billion, while Egypt ranked third with a stake of 17.3% worth $6.9 billion.
FDI inflows into Arab states declined in 2015 by 10% year-on-year to $40 billion.
