Majlis & Markets

Episode 12-FDI Insight: OIC Economies

April 06, 2024 Hassan Jivraj

Foreign direct investment or FDI is a vital driver of economic growth for many nations. This can be through job creation, tax revenue, and technology exchange.

FDI also faces challenges including data collection accuracy, regulatory hurdles, and domestic economic policies.

Despite its importance, the Organization of Islamic Cooperation (OIC), representing nations like the UAE, KSA, and Malaysia, contributes less than 8% to global FDI inflows.

To shed more light on this, in our 12th episode we’re joined by Courtney Fingar.

Courtney is a leading expert on FDI and a business editor with more than 20 years of media experience. 

In this topic, we spoke about several topics including:

  • Defining what FDI is and why it is important
  • The challenges surrounding data collection
  • Why OIC economies struggle to attract FDI
  • The outlook for FDI for the rest of 2024 and beyond

Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay

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