"Saudi Arabia, Qatar and the UAE accounted for 62 percent of the total foreign direct investment (FDI) projects in the Middle East in the first half of this year, says a report.Retail and consumer products, business services and real estate, hospitality and construction topped FDI choices, according to global consultant Ernst & Young (E&Y).Saudi Arabia was also the big regional winner in 2011 with 161 investments worth $ 14.7 bn, establishing the Kingdom as the largest recipient of FDI by value.Other markets that outperformed the previous year in 2011 included Bahrain, Iraq and Oman.The study also found many foreign companies' immediate investment plans were affected by the uncertain global economic outlook and the recent unrest in some Middle Eastern countries."

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