Egypt is one of the top Arab countries in terms of foreign direct investment (FDI) inflows in 2020, according to The Arab Investment and Export Credit Guarantee Corporation.<\/p>\n
In its annual report, published on Thursday, the corporation estimated that Egypt received a total of $5.9bn in investments, representing 14.5% of the total investment inflows in the region in 2020.<\/p>\n
Regarding the region\u2019s investment climate, the corporation monitored an unexpected 2.5% rise in FDI flows to the Arab countries to reach $40.5bn in 2020. This represented 6.1% of the total inflows to developing countries, and 4% of the total global flows of about $999bn.<\/p>\n
The report indicated the continued geographical concentration of incoming flows, as the first five countries accounted for about 95% of the total inflows.<\/p>\n
It noted that the UAE attracted $19.9bn, with a share exceeding 49%, followed by Egypt with a value of $5.9bn and a share of 14.5%. This was followed by: Saudi Arabia in third place with a value of $5.5bn and a share of 13.6% of the total; Oman in fourth place with a value of $4.1bn and a share of 10.1%; and Lebanon with a value of $3.1bn and a share of 7.6% of the total.<\/p>\n
With regard to geographical distribution, North America was at the forefront of the most important investors in the region in terms of cost, led by the US, which contributed 22.4% of the total investments.<\/p>\n
These projects were geographically concentrated in the UAE, with 347 projects, and in Saudi Arabia, with an investment cost of $10.4bn.<\/p>\n
As for the sectoral distribution of investment, the business services, software, and financial services sectors fell in the first three positions, respectively, with a total share of 50% of the number of projects.<\/p>\n
Meanwhile, the chemical, coal, oil and gas and renewable energy sectors came in the first three positions, respectively, in terms of investment cost with a share of 55% of the total.<\/p>\n","protected":false},"excerpt":{"rendered":"
Egypt is one of the top Arab countries in terms of foreign direct investment (FDI) inflows in 2020, according to The Arab Investment and Export Credit Guarantee Corporation.<\/p>\n","protected":false},"author":4,"featured_media":320524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,33],"tags":[],"class_list":["post-322454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest","category-main"],"yoast_head":"\n