In 2022 foreign investment in Arab countries rose by 358% and amounted to $200 billion, with the UAE leading

Foreign investment in Arab countries rose by 358% last year and reached $200 billion. In 2022, the number of foreign direct investment (FDI) projects entering Arab countries increased by 74% to 1,617 projects, while the value of investments rose by 358% to reach $200 billion.

According to the DHAMAN report, the UAE ranks first among the recipient countries with 923 projects. The second country in terms of total projected FDI was Egypt.

The renewable energy sector ranked first in terms of the value of investment in the UAE (60%), while the software sector (23.4%) led in terms of the number of projects.

The cumulative value of these projects in the region over the past 20 years has totaled $1.5 trillion and includes more than 16,000 projects that have created more than two million jobs.

The strong performance will continue in 2023, especially after a 28% increase in foreign projects and a 70% increase in investment spending, which reached $74 billion in the first quarter of 2023.