Arab states see 53% rise in investments, reaching $123bn

RIYADH: Arab countries attracted $122.7 billion in investments during 2024, up 53 percent from the previous year, supported by major projects in Egypt and the Gulf, new data showed.  According to a report by the Arab Investment and Export Credit Guarantee Corp., known as Dhaman, the region saw the launch of 2,172 foreign projects with total capital expenditure of $119 billion.  This aligns with the Arab region’s gross domestic product growth of 1.8 percent in 2024, reaching $3.6 trillion despite regional challenges, according to data released by Dhaman in March. 

Arab states see 53% rise in investments, reaching $123bn
RIYADH: Arab countries attracted $122.7 billion in investments during 2024, up 53 percent from the previous year, supported by major projects in Egypt and the Gulf, new data showed.  According to a report by the Arab Investment and Export Credit Guarantee Corp., known as Dhaman, the region saw the launch of 2,172 foreign projects with total capital expenditure of $119 billion.  This aligns with the Arab region’s gross domestic product growth of 1.8 percent in 2024, reaching $3.6 trillion despite regional challenges, according to data released by Dhaman in March. 

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