Foreign Direct Investments in Arab Countries Reach $71 Billion in 2023, with UAE and Saudi Arabia Leading the Way

In 2023, the Arab world attracted approximately $71 billion in foreign direct investments, with the United Arab Emirates leading the way by securing $30.7 billion. Saudi Arabia followed closely behind with $12.32 billion, while Egypt ranked third with $9.84 billion. Despite global economic slowdown and geopolitical tensions, most Arab countries experienced strong growth in this area.

The United Arab Emirates remained the top destination for foreign capital in the region, accounting for 42.8% of the total investments. Saudi Arabia came in second with 17.18%, while Egypt ranked third with 13.72%. Bahrain followed closely behind with $6.84 billion (9.54%), Oman with $4.74 billion (6.61%), and Kuwait with $2.11 billion (2.94%). Further down the list were Algeria with $1.22 billion (1