The bank said in the monthly statistical bulletin that on a quarterly basis, net foreign direct investment amounted to $3.51 billion in the third quarter, compared to $1.91 billion in the second quarter, with a growth rate of 83.8%.
The United Arab Emirates ranked first among countries with the highest investments, with net investment of $2.67 billion in the third quarter of FY2021/2022, up from $1.47 billion in the second quarter, with a growth rate of 81.63%.
Kuwait ranked second with net investments of $168 million in Q3, up from $155 million in Q2, with a growth rate of 8.39 percent.
Qatar ranked third with about $140 million in net direct investment in the third quarter of FY2021/2022, up from $109 million in the second quarter, with a growth rate of 28.44 percent.
In fourth place, Bahrain comes in with net direct investments amounting to $121 million in the third quarter, compared to $55 billion in the second quarter, with a growth rate of 120%.
Saudi Arabia came in fifth place after recording net direct investment of $108 million in the third quarter, up from $80 million in the second quarter, with a growth rate of 35%.
In sixth place, Jordan came in with net direct investments of $30 million in the third quarter of FY2021/2022, up from $7 million in the second quarter, with a growth rate of 328.57%.
Morocco came in seventh place with net direct investment amounting to $17 million in the third quarter, compared to $14 million in the second quarter, with a growth rate of 21.43%. While Lebanon ranked eighth after recording net direct
investments of 4 million in the third quarter of the fiscal year 2021/2022, compared to 1 million dollars in the second quarter, a growth rate of 300%.
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