The global flow of foreign direct investment reached USD 1.37 trillion last year, with a slowdown in developed and developing nations, according to UNCTAD data. The United Arab Emirates and Saudi Arabia saw higher investments in their greenfield projects.
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Global foreign direct investment flow totaled USD 1.39 trillion last year, down 1% from a year before. But in Brazil they increased 26%, in Saudi Arabia 9%, and in Egypt 5%.
The amount of foreign direct investment which entered the country from 2016 to 2018 was the 27th biggest in the world. Brazil was the 7th biggest FDI destination.
UN body recommended that the Arab country adopts policy to boost foreign direct investment. Government is willing to adopt them.
During a UN ceremony, the Arab country received the rotating command of the bloc uniting developing countries to promote their common economic interests.
The United Nations Conference on Trade and Development estimates that merchandise exports will amount to USD 19.6 trillion by the end of 2018.
According to a report by the UN agency, the occupation drove the rate to 27%. The lifting of the trade restrictions alone could make the local economy grow 10%.
