INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Jordan’s FDI in 2021 reaches $622million, Arab region’s $53 billion

FDI flows to developing countries fell by 7 percent to $867 billion last year, reflecting an 8 percent decrease in developing Asia.
  • UAE was the topmost FDI destination in the Arab world, with $20.7 billion or 39.1 percent of the region's total FDI.
  • UAE was followed by Saudi Arabia with $19.3 billion, Egypt with $5.1 billion, Oman with $3.6 billion, and Morocco with $2.2 billion.

The Foreign Direct Investment (FDI) in Jordan amounted to $622 million in 2021, constituting 1.2 percent of the Arab region’s total FDI.

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) issued data Tuesday which confirmed this.

The Arab region’s FDI in 2021 went up by 42 percent to $53 billion, comprising 6.3 percent of developing countries’ FDI and 3.3 percent of the global FDI that totalled $1.58 trillion, said Dhaman.

The top five Arab countries that took over 96 percent of the region’s FDI are topped by the United Arab Emirates with $20.7 billion or 39.1 percent.

It is followed by Saudi Arabia with $19.3 billion or 36.5 percent, Egypt with $5.1 billion or 9.7 percent, Oman with $3.6 billion or 6.8 percent, and finally Morocco with $2.2 billion or 4.1 percent.