Arab Food and Beverage Sector Attracts Significant Foreign Investment
3 hours agoBusiness
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Arab Food and Beverage Sector Attracts Significant Foreign Investment

The Arab Investment Export Credit Guarantee Corporation (Dhaman) reported that the Arab region's food and beverage sector attracted 516 foreign direct investment (FDI) projects between 2003 and 2024, totaling $22 billion in capital expenditure and creating over 93,000 jobs. Five countries—Egypt, Saudi Arabia, UAE, Morocco, and Qatar—accounted for 82% of these projects. The U.S. was the top investor, followed by Swiss company Nestle and Ukrainian company NIBULON. Inter-Arab investment also contributed significantly to the sector's growth.

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