In this article, ABiQ outlines the top 5 Middle Eastern countries by Foreign Direct Investment (FDI).
In recent years, the Middle East has increased regional efforts to enhance its investment landscape. The Middle East has the potential to provide a seemingly infinite supply of prospects for investment. Below, ABiQ explores Foreign Direct Investment (FDI) in the Middle East, as of 2020.
Top 5 Middle Eastern countries by FDI
- Israel – $24.2 Billion
- United Arab Emirates (UAE) – $19.8 Billion
- Turkey – $7.6 Billion
- Saudi Arabia – $5.4 Billion
- Lebanon – $5.8 Billion
In 2020, the majority of the FDI that was funnelled into the Middle East went to Israel. In 2020, Israel was successful in securing FDI of approximately $24.3 billion. This represents an outstanding increase in comparison to the levels seen in prior years. The UAE and Turkey came in second and third, respectively, with Foreign Direct Investment values amounting to $19.8 billion and $7.6 billion during 2020.
Why invest in the Middle East?
The Middle East is home to the world’s largest construction market. The Middle East is one of the fastest-growing regions in the world. The UAE construction market, for example, is expected to reach a value of $40 billion by 2030. Furthermore, the population of the Middle East is projected to reach roughly 580 million people by the year 2030. This level of population growth makes the Middle East one of the youngest and most rapidly expanding populations in the world. The Middle East also contains some of the largest oil and gas reserves of any country or region in the world.
At ABiQ, we provide validated data and trusted business intelligence covering Africa and the Middle East. We use our unique forecasting and project tracking tool to track projects worth over $6.0 Trillion in UAE, Saudi Arabia, and 54 countries across Africa so that you can stay ahead of your competitors and grow your business. Contact us today to book a free demo now or register to get free access to a light version of our platform.