Inter- Arab investment is booming
Regional, Economics, 10/4/2001

The secretary general of the federation of the Arab chambers Elias Ghantous has stated after he attended a forum to acquaint with the conference of the Arab businessmen and investors due to be held in Dubai in November that inter- Arab investments have been improved and there are Arab countries like Libya, Syria, Saudi Arabia and Jordan which developed their investments laws. A matter which has encouraged the flow of investments and that most of these countries gave Arab investors same facilities given to the local investor.

He estimated the volume of inter- Arab investment at USD 600 million and showed reservations to the volume of foreign Arab investments and considered very difficult to estimate them.

Economist observers in the Arab region expect future tangible effects on the flow of foreign investments to the Arab states as a result of the international developments, on the one hand, and the slowness in main economies in the world which, by its turn affect other emerging economies.

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