04 December 2016
AsiaNews.it Twitter AsiaNews.it Facebook
Geographic areas




  • > Africa
  • > Central Asia
  • > Europe
  • > Middle East
  •    - Bahrain
  •    - Iran
  •    - Iraq
  •    - Israel
  •    - Jordan
  •    - Kuwait
  •    - Lebanon
  •    - Oman
  •    - Palestine
  •    - Qatar
  •    - Saudi Arabia
  •    - Syria
  •    - Turkey
  •    - United Arab Emirates
  •    - Yemen
  • > Nord America
  • > North Asia
  • > South Asia
  • > South East Asia
  • > South West Asia
  • > Sud America
  • > East Asia

  • mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato


    » 09/30/2005, 00.00

    middle east

    Foreign investments grow 51 per cent in Mideast



    Beirut (AsiaNews) – Foreign Direct Investment (FDI) to the Mideast rose by 51 per cent in 2004 but the surge was still far lower than the entire Asian continent, according to the 2005 Report of the United Nations Conference on Trade and Development (UNCTAD).

    Investments to the region Mideast reached US$ 9.8 billion but only represented 7 per cent of Asia's total FDI.

    Turkey and Saudi Arabia were by far the biggest recipients with US$ 2.7 billion and slightly less than US$ 2 billion respectively.

    Syria received US$ 1.2 billion in FDI in 2004, an increase of 11.3 per cent over the previous year. By comparison, Lebanon, which receives barely more than a fifth of the amount invested in Syria, witnessed a decrease of 19.6 per cent in 2004 compared to 2003.

    UNCTAD officials said that, because of high oil prices, oil producing countries in the region had excessive liquidity soaked up in mergers and acquisitions as well as real-estate projects.

    Since the petroleum industry and electricity and telecommunication are the main strategic sectors in the region and are closed to foreign investors, it is "no wonder the region sill lags behind the rest of the world," said Lebanese Economy Minister Sami Haddad, who was present at the launching. "Only Egypt and Pakistan are starting to open up these sectors," he added.

    With 36 per cent of all FDI going to developing countries the declining trend of the last three years was reversed in 2004, the report noted.  

    Seven of the ten economies with the largest increases in FDI were developing or transition economies, while the ten largest declines were in developed countries.

    e-mail this to a friend Printable version










    See also

    27/09/2005 CHINA
    Chinese mines to open to foreign investments
    The world's largest coal mining company is interested in Chinese coal. Without radical overhaul of safety measures, thousands of mines will close.

    08/02/2007 INDIA
    Bengal to uproot over 100,000 farmers to make way for industry
    The Communist government of Kolkata wants to set up special economic zones with privileged conditions for foreign investors. But it decided to wipe out 38 villages without consulting the residents. This has led to an uprising and an attack on the local party office. Clashes on the streets left a policeman dead yesterday.

    15/01/2010 CHINA
    Foreign direct investments down, foreign exchange reserves way up
    The government releases figures for 2009, showing a 2.6 per cent drop in foreign direct investments over the previous year. It also shows that foreign exchange reserves keep on rising, and now total US$ 2.399 trillion. The danger of speculation looms over the horizon.

    27/06/2016 22:08:00 IRAN
    As sanctions ease, foreign investment to pour billions of dollars into Iran

    In terms of greenfield investments, Iran was ranked 12th of 14 between 2003 and 2015 with a 1.6 per cent market share. This year, the Islamic Republic jumped to third place, behind the United Arab Emirates and Saudi Arabia with an 11 per cent share. Jobs and capital spending are also up. South Korea and Germany are the main investors.



    14/01/2005 CHINA
    Beijing to open mobile phone sector




    Editor's choices

    IRAQ
    "Adopt a Christian from Mosul": A Christmas gift to survive winter

    Bernardo Cervellera

    As Iraqi troops advance in the Nineveh Plain and Mosul, a new wave of refugees could overshadow the fate of other refugees who found hospitality in Kurdistan. People need kerosene, winter clothes, aid for children, and money for rent. The campaign AsiaNews launched two years ago is more urgent than ever. Give up a superfluous gift to offer refugees an essential gift for life.


    IRAQ
    Pastor of Amadiya: Mosul’s Christian refugees, torn between emergency aid and the longing to return home

    P. Samir Youssef

    In a letter Fr. Samir Youssef describes the situation of refugees, exiled from their home for more than two years. They are closely following the offensive to retake Mosul, although their homes and churches "are for the most part" burned or destroyed. With the arrival of winter there is a serve lack of heating oil, clothes, food and money to pay for their children’s school bus. An appeal to continue to support the AsiaNews campaign.


    AsiaNews IS ALSO A MONTHLY!

    AsiaNews monthly magazine (in Italian) is free.
     

    SUBSCRIBE NOW

    News feed

    Canale RSScanale RSS 

    Add to Google









     

    IRAN 2016 Banner

    2003 © All rights reserved - AsiaNews C.F. e P.Iva: 00889190153 - GLACOM®