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Qatar tops Arab investors in Tunisia

Arab nation’s investments of roughly $45.5 million account for 13 per cent of FDI

Qatari-Tunisian relations have witnessed remarkable development at all levels following the revolution, as Qatar was the largest supporter of Tunisia during its transitional period on the political and economic fronts.

A statement by the Arab Investment & Export Credit Guarantee Corporation (Dhaman) pointed out that the Arab country that has invested the most in Tunisia during the first ten months of 2015 is Qatar, reports London-based Alhayat.

The statement showed that Qatar ranked second on the list of foreign countries and the first in the Arab world, with investments of roughly $45.5 million and accounted for 13 per cent of the overall foreign direct investment (FDI).

Qatari investments in Tunisia are in sectors as diverse as tourism, real estate and telecommunications, as well as a diagonal integration tourism project in the city of Tozeur in Tunisia, in addition to Qatar’s contribution in the construction of 30,000 housing units.

(US$1 = AED3.67, at the time of publishing)