Economic facts

There are important facts that should be referred to as follows:

First, the volume and the rate of direct investments of the Arab private sector in the Arab countries raised by 40% according to the reports of Inter-Arab Investment Guarantee Corporation.

Second, the volume of Saudi investment in Egypt has reached about 5 billion pounds represent 40% of the Arab investments, which made Saudi Arabia the first investor and first Arab commercial co-partner to Egypt.

Third, the contribution volume of the touristic section is estimated by 10% of the total production of the middle east region. Moreover, 10% of the total manpower in the middle east region work in this sector.

Fourth, the volume of oil free reserves outside the gulf area is decreasing continuously, particularly in the biggest producing countries of oil.

Fifth, the countries of the Gulf Cooperation Council are fertile field for industrial investments according to the studies of the Gulf Organization for Industrial Consulting.

Sixth, the Muslim world occupies the first rank in cotton production with 30% from the world production, whereas the Muslim world makes up about 75% of rubber production. It also occupies the second rank in the production of coffee with 10% and the third rank in the production of Rice with 15%.

Seventh, Arab countries now spend more than 200.000 million dollars annually on importing food.

Eighth, the volume of personal fortunes in the Middle East are estimated by a trillion and one hundred thousand billion dollars i.e., 7% of the personal fortunes at the international level.

Ninth, Arab monies deposited in European banks have reached 620 billion dollars in one year.

Tenth, the percentage of qualified persons migrated from the third world in compare to the total number of migrated intellectuals is from 70 to 80% according to the estimation of UN conference for business and development. This emigration costs the developed countries about 42 billion dollars.

A careful reading to these economic facts show that the economic output of investment from inside the Muslim World has large qualities, possibilities, and facilities which enable the investment of Arab monies and the attraction of foreign capitals.