Iraq Ranked 12 Among the State Attractive for Investment Arabic
|June 22, 2013||Filled under Iraq Daily News|
Baghdad/JD/… Resolve Iraq rank 12 in the list of Arabic countries most attractive to foreign investment last year, with a value of 1, the $27 billion and the share of 2%.
He said a report published by the Arabic Foundation of investment and export credit guarantee which it briefed agency/JD/: Arabic States attracted foreign direct investment worth 47 billion dollars last year, an increase of 10% compared to year 2011.
The report noted that the rise came as a result of many factors, increased foreign direct investment flows to the 14 Arab States are the UAE, Algeria, Morocco, Egypt, Tunisia, Kuwait, Sultanate of Oman, Bahrain, Libya, Qatar, Palestine, Mauritania, Djibouti, Yemen, fell to 5 Arab countries are Saudi Arabia, the Sudan, Jordan, Iraq, Lebanon. Stabilized flows in Somalia at the same levels as last year.
According to the report, Saudi Arabia ranked first among Arab countries as the largest host country for FDI inflows totalling 12.2 billion dollars, a share amounting to 25% of the total, followed by the UAE ranked second with a value of $9.6 billion and a share of 20%, and then Lebanon in third place worth $68 billion, and the share of 7%.
The report said: Algeria came in fourth place with a value of $2.9 billion and 6.2% share, and Morocco in fifth place 2.89 billion dollars and 6.1% share, then Egypt ranked sixth worth $2.8 billion, and the share of 5.9%.
The report added that Sudan resolve in Arab ranks seventh in terms of the volume of incoming foreign direct investment worth 2.5 billion dollars in share of 5% then Tunisia ranked eighth with $1.9 billion in share of 1.4%, and Kuwait ranked ninth with a value of 1, the $86 billion and 4% share and the Sultanate of Oman in 10th place with a value of 1, $48 billion and 3.1% share, and the 11th-ranked Jordan worth 1.4 billion dollars in share 3% of the total.
The report noted that Iraq resolve the 12 Arab countries ranked by the value of 1.27 billion dollars in share of 2%, then the 13th ranked Bahrain worth 198 million dollars in quota 1% then the 14th ranked Libya worth 720 million dollars in share of 1.5% and Qatar ranked 15th for $327 million in share of 0.7% and finally came to Palestine, Mauritania, Djibouti, Somalia and Yemen respectively.
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