Foreign investments in GCC slump 35%, says study

Foreign direct investment (FDI) to the Gulf region plummeted by 35 percent in 2011, according to a new report by the UN Conference on Trade and Development (UNCTAD).

UNCTAD's study revealed that FDI to the West Asia region decreased by 16 percent in 2011, to $49bn, affected by continuing political instability and the deterioration of global economic prospects during the second half of 2011.

http://www.arabianbusiness.com/foreign-investments-in-gcc-slump-35-says-study-464982.html