$ 7 billion investments by Jordanian expatriates in 42 countries

 Media In/ Agencies / Amman 24 July 2018

The investments of Jordanian expatriates abroad amounted to US $ 7.2 billion, ranging from real estate, securities, equities, tourism and hotels, industry, services and information technology, as well as small individual investments, according to Fadi Majali, chairman of the Jordanian expatriate businesswomen and business association. He said that these investments were distributed in about 42 foreign countries, with the United Arab Emirates accounting for the largest share of 21.5%, followed by Saudi Arabia by 16.5% in second place, and Indonesia 11% in third place. Followed by Iraq with 8 percent, Turkey with 7 percent, Egypt with 6.5 percent, Europe with 5.5 percent, Sudan with 3 percent and investments by 12 percent. Al-Majali pointed out that the approximate total of these investments includes investments of some Jordanian companies and banks abroad, based on a report recently issued by the Arab Investment Guarantee Corporation, and a research and database of the Association of Jordanian expatriate Jordanian businessmen and women, indicating that the individual investments of Jordanian expatriates are mostly small and medium- Its capital ranges from $ 100,000 to $ 1 million, and the investments of Jordanian expatriates have advanced in many countries. Majali pointed out that the available data shows that the Jordanian investments in the real estate sector in Dubai range between $ 350-400 million, while in Abu Dhabi and Sharjah about $ 400 million, and several official data for the Abu Dhabi Securities Market showed that Jordanian investors are of the most nationalities An investment in the stock market in Abu Dhabi, and in Egypt, Jordanians ranked tenth in the Arab world and twenty-second in the world.