...

EDB heralds Middle Eastern and North African investments in Azerbaijan

Economy Materials 19 December 2023 14:37 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, December 19. The volume of foreign direct investment (FDI) of Middle East and North Africa countries in Azerbaijan amounted to $1.7 billion in the first half of 2023, Trend reports.

According to the Eurasian Development Bank (EDB), the total volume of mutual FDI between the countries of the Middle East and North Africa and the countries of the Eurasian region amounted to $10.2 billion in the first half of 2023, where $6.7 billion is the share of FDI from the Middle East and North Africa and $3.4 billion is the share of FDI in the countries of the Middle East and North Africa.

According to the results of the first half of 2023, Azerbaijan ranks third in the volume of exported investments with a share of 7.3 percent ($3.5 billion) of the total volume of investments in the region ($48.8 billion), and Azerbaijan's share in attracted accumulated mutual investments in the region is 8.7 percent ($4.2 billion).

Tags:
Latest

Latest