UAE is the leading Arab capital exporters
The largest capital exporter in the Arab world is now the UAE. A United Nations group has reported that above $53 billion have been forced into global. It was built nearly before 40 years.
The UN Conference on Trade and Development (UNCTAD) has alleged in a statement that the smartest Arab destination for foreign direct investment (FDI) flow after Saudi Arabia had been this country which has obtained over $73 billion.
The data disclosed by the finishing of 2009 that FDI flow from the UAE total was near about $53.5 billion which is highest in the region.
The UAE harshly gained rate during the latest oil boom of 2000-2008 gave a loss to the FDI. Its treasury and petrodollars were washed out. There was a blocking in moving towards spending in global market to tap excess funds for the country.
In year 1992 the UAE had an insufficient exporting of total capital about $40 million and after that it grew in the following years. In 1994 it rose to $648 million and crossed $one billion in 1997 and jumped to $1,938 million in 2000.
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