Azerbaijan, UAE increase mutual investments over 5 times

In January-September of this year, the United Arab Emirates put $356.3 million in Azerbaijan's economy in the form of direct investments, Report informs via the Central Bank of Azerbaijan.

This is 5.2 times more than in the same period last year.

The UAE's share in the total volume of investments in Azerbaijan's economy during the reporting period was 7.9%.

Over nine months, Azerbaijan invested $437.2 million in the UAE economy - 5.4 times more than a year ago.

Azerbaijan's share of investments in the UAE economy in the total volume of investments during the reporting period was 31.2%.