29 December 2015
DOHA: The combined value of Qatari companies' outward investments has touched an estimated $47.5bn over the past few years. Qatari companies launched a total of 301 projects investment activities abroad during January 2003-May 2015, the Arab Investment and Export Credit Guarantee Corporation noted in its latest report.

The Arab Investment & Export Credit Guarantee Corporation (Dhaman) is a pan-Arab organisation owned by the governments of Arab states and four Arab financial institutions.

Egypt, UK, Vietnam, Saudi Arabia, US, Oman, Algeria, Palestine, Sudan and Russia were the most important countries those received Qatari investments during this period. The share of Egypt, UK and Vietnam accounted for around 51 percent of total investments. Barwa Real Estate Group topped the list of Qatari companies in terms of investing abroad with an estimated value of $11bn, the Kuwait-based agency noted in its updated "Inward and Outward FDI" report.

In terms of inward investments, Qatar attracted FDIs worth $1.04bn in 2014. As for Qatar's activity in terms of new FDIs (Greenfield), a total of 701 FDI projects were implemented in Qatar by 602 Arab and foreign companies during 2003-2015, with a combined estimated value of $110bn. US, Japan and Bahrain accounted for around 40 percent of total investments. ExxonMobil came on top of the list of the 10 most important companies investing in Qatar, where it implemented five key projects with an estimated investment cost of $21bn, according to the report.

The number of FDI projects in Arab countries has touched 780 in 2014. The number of FDI projects in Arab countries has witnessed an increase from 463 projects in 2003 to 1,335 in 2008, then it followed a general downward trend due to the consequences of Global financial crisis that started in 2009, and fell back again to 780 projects in 2014.

The total value of FDI projects in Arab countries between 2003 and April 2015 was estimated at over $1 trillion. The list of 10 biggest corporations investing in Arab countries includes Qatar's Qatar National Bank, Barwa, QIIB and Qatar Petrochemical Company.

FDI outflows from Arab countries decreased by 10 percent from $37bn in 2013 to $33.4bn in 2014. Arab investment outflows constituted 2.5 percent of the total global figure and 7.1 percent of developing countries. GCC countries, min addition to Libya and Lebanon represented the main source of the region's outflows with 98 percent in 2014.

Kuwait came on top of the list of Arab direct capital exporting countries with investment worth $13bn and a stake representing 39.2 percent. It was followed by Qatar with $6.7bn representing 20.2 percent, while Saudi Arabia ranked third on the Arab level with $5.4bn and a stake of 16.1 percent. UAE came in the fourth place with $3bn and a stake of 9.2 percent, followed by Lebanon in the fifth place with $1.9bn accounting for 5.7 percent.

GCC countries, Libya and Lebanon were the main source of FDI outflows from the region with a stake of 93.2 percent by the end of 2014. The UAE came in the first place with $66.3bn and a stake of 26.4 percent, followed by Saudi Arabia with $44.7bn and a stake of 17.8 percent, followed by Kuwait with $36.5bn and a stake of 14.6 percent. Qatar in the fourth place with $35.2bn and a share of 14 percent.

© The Peninsula 2015