2023-05-09 22:05:43
“Over the past two decades, the UAE has witnessed great openness to the international community, which enabled it to achieve strong economic growth,” said Ahmed Aboul Gheit, Secretary-General of the League of Arab States.
On the sidelines of his participation in the annual investment forum in Abu Dhabi, he said that this forum is an important platform and a very important opportunity to inform the Arab community and Arab businessmen of the investment potentials and opportunities available in the Arab world.
Aboul Gheit added that foreign investments need political, economic and monetary stability, as well as attractive legislation in addition to the rule of laws, pointing out that the existence of strong legislation that preserves invested funds and secures their entry and exit will help achieve the desired goals and attract foreign investments to the Arab region.
The Secretary-General of the League of Arab States indicated that intra-Arab investments constitute regarding 16 to 20% of the total investments incoming to the Arab countries, pointing out that there are positive indicators promising an improvement in the investment situation in the Arab region in light of the stability of the credit ratings of the majority of Arab countries following the “Covid-19” pandemic. 19».
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