Saudi Arabia top FDI recipient in Middle East

25 July 2010

According to the 'World Investment Report' by the UN Conference on Trade and Development (UNCTAD), Saudi Arabia was the eighth largest recipient of foreign direct investment in the world in 2009, attracting $36bn, Arab News has reported. Top sources of FDI inflows to the kingdom during 2009 included the United States with $5.8bn, followed by Kuwait with $4.3bn, the UAE with $3.8bn, France with $2.6bn and Japan with $2bn.

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