An official data disclosed on Monday showed that UAE investment in other Arabian nations accounts for more than $62 billion of the net investment in the inter-Arab trade during the last 15 years. This has resulted in the UAE gaining the numero uno investor position.
UAE, which owns the second largest economy among the Arab nations, has offered capital that has provided for more than a third of the total inter-Arab investment during 1995-2009. The largest Arab economy, Saudi Arabia, has provided for about 70 per cent of the UAE’s investments with Egypt, Morocco, Lebanon, Libya and Tunisia forming other key recipients. The Kuwaiti-based Inter-Arab Investment Guarantee (IAIGC) has cited this in its annual report on the investment climate in the Arab region.
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UAE, which owns the second largest economy among the Arab nations, has offered capital that has provided for more than a third of the total inter-Arab investment during 1995-2009. The largest Arab economy, Saudi Arabia, has provided for about 70 per cent of the UAE’s investments with Egypt, Morocco, Lebanon, Libya and Tunisia forming other key recipients. The Kuwaiti-based Inter-Arab Investment Guarantee (IAIGC) has cited this in its annual report on the investment climate in the Arab region.
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