Total foreign and domestic investments in Arab states rose slightly last year despite widespread unrest, the Kuwait-based Arab Investment and Export Credit Guarantee Corp. said on Tuesday.
The investments, both private and government, increased by 1.2 percent to $496 billion in 2011 from $490 billion in the previous year, the organisation said in a report without providing details on the foreign share.
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Algeria, Qatar, Saudi Arabia and the United Arab Emirates accounted for 63 percent of the investments, or $312.5 billion, said the report which covered 21 of the 22 members of the Arab League.
The report estimated total capital investments in the 21 Arab nations would reach $4.26 trillion over the next six years up until 2017, with OPEC kingpin Saudi Arabia accounting for more than $1.0 trillion.
Capital investments in the Arab countries is expected to hit $559 billion in 2012 and will gradually grow to reach $779 billion in 2017, amounting to growth of about 40 percent, it said.
The report based its optimistic outlook on huge investment plans already announced mainly by the energy-rich Gulf states.