Friday, March 24, 2006
...Israel, at $4.1 billion.
JTA: Israel biggest Mideast investor in U.S.
Israel is the largest Middle Eastern investor in the United States.
The U.S. State Department published foreign investor rankings Wednesday. Israel was first from the Middle East, with $4.1 billion, followed by Kuwait, with $1.2 billion. Those sums were dwarfed, however, by major European nations, which tended to top $100 billion in investment. Britain is the largest single investor, at $252 billion...
...The release noted the minuscule scale of Middle East investment: “Investment in the U.S. from Africa and the Middle East is less than $10 billion, only 0.6 percent of the total foreign investment in the U.S.”
i'm guessing these figures are distorted by the fact that a lot of arab money gets parked outside of arabia before making its way here. I'd be surprised if the saudi prince Alwaleed Bin Talal doesn't easily exceed $5 billion on his own...
Yeah, the item is pretty skimpy on details. I don't have time to search for the actual State Department report now but I may later.