Algeria Attracted $2.1 Billion DFI In 2010, Report
Algeria has attracted $2.1 billion direct foreign investments in 2010, dropping by 19.2 percent comparing to 2009, concluded a report conducted by the Arab Investment and Export Credit Guarantee (Dhaman).
Algeria has attracted $2.1 billion direct foreign investments in 2010, dropping by 19.2 percent comparing to 2009, concluded a report conducted by the Arab Investment and Export Credit Guarantee (Dhaman).
Algeria came thus in the 9th position in terms of the direct foreign investments’ flow in the Arab region.
The report shows that 18 Arab countries have attracted about $63.3 billion DFI in 2010, comparing to $83.9 billion in 2009, recording a 23.4 percent drop. In 2010, the Arab region attracted 5.7 percent of the world’s DFI, comparing to the share of 7.1 percent in 2009.
The Dhaman’s report explains such a heavy drop by the repercussions of the financial crisis that hit the world in recent years.