FDI outflows from the region decreased by 39 percent in 2009 to $23bn, mainly due to falling outflows from the UAE, from $16bn to $3bn.Foreign direct investment (FDI) into the Middle East declined by nearly a quarter in 2009, mainly due to the tightening of credit markets, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).
Cross-border mergers and acquisitions (M&As) and development projects in the region involving significant foreign investment were badly hit, the study said. FDI inflows to the region fell by 24 percent to $68bn in 2009, after six years of consecutive increase, added UNCTAD´s World Investment Report 2010.
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Cross-border mergers and acquisitions (M&As) and development projects in the region involving significant foreign investment were badly hit, the study said. FDI inflows to the region fell by 24 percent to $68bn in 2009, after six years of consecutive increase, added UNCTAD´s World Investment Report 2010.
buy a property
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