Egypt led the Arab region in 2022 as the primary recipient of foreign direct investment (FDI) projects, with a value of $107 billion, equivalent to 53.4% of the total Arab share.
According to the Arab Investment and Export Credit Guarantee Corporation’s (Dhaman) 28th annual report on the investment climate in Arab countries for 2023, Egypt was the main beneficiary of job creation in the region.
Estimates indicated a total of 61,000 jobs were created, representing 35% of the Arab total. Egypt also ranked third in terms of the number of projects, with 148 projects that accounted for 9.2% of the total Arab share.
A total of 130 Arab and foreign companies announced the commencement of their operations in 2022.
Regarding indicators of inbound FDI flows and balances in Egypt according to UNCTAD data, the report detailed that Egypt took the second spot among Arab countries for inbound FDI flows to the region. It attracted $11.4 billion, grabbing a share of 21.2% of the Arab total.
The Arab Republic also secured third place in terms of inbound FDI balances in the region by the end of 2022, with a commanding $149 billion, which comprised 14% of the total Arab share.
Egypt recorded the highest growth rate among Arab countries for inbound FDI flows to the region in 2022, at a rate of 122.6%.
It came fourth in terms of the value of merger and sales transactions in the Arab region, with a value of $3.4 billion, representing 9.3% of the total sales transactions in the region.
