No. 42



UNCTAD Records 15% Increase In FDI To Middle East And North Africa In 1999

According to the latest annual World Investment Report (WIR) issued by UNCTAD for the year 2000, the Middle East and North Africa have witnessed a 15% rise in foreign direct investment (FDI) inflows in 1999 compared to the previous year. FDI inflows for the region as a whole stood at $8,634mn, compared to $7,348mn for 1998 (see Table below). The increase matched that for the developing...