Billions of dollars in chemical investments in the region in the first half

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Investments in the chemicals sector ranked first in the Middle East and Africa region in the first half of this year of total foreign investments in the region.

Investment in chemicals reached $ 4.6 billion in the first half of the year, according to the FT’s Foreign Direct Investment magazine.

Renewable energy investments accounted for second place, worth $ 3.6 billion. Foreign direct investment in the textiles and fossil fuels sector came in second place on an equal footing, amounting to just over $ 2.8 billion in the first half of the year. Followed by foreign direct investment in the telecommunications sector, amounting to 2.2 billion dollars.