The United Arab Emirates has pumped over US$55 billion into foreign markets over the past three decades to emerge as the largest Arab capital exporter.
According to the Emirates News Agency (WAM), official data also showed that the UAE has received more than $85 billion in foreign direct investment (FDI) during that period to become the second largest Arab market for foreign capital after Saudi Arabia.
During 1980-2011, FDI flow out of the UAE stood at around US$55.5 billion, nearly 31 per cent of the total Arab capital outflow of nearly $176.8 billion, showed the figures by the UN Conference on Trade and Development (UNCTAD) and the Kuwaiti-based Inter-Arab Investment Guarantee Corporation (IAIGC).
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