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Foreign direct investment (FDI) into the Middle East is expected to drop by at least 10 per cent to between US$50 billion and US$55 billion in 2011 according to a new report.

OCME, a supplier of end of line equipment for the beverage market, will open a new branch in Jeddah in the first quarter of 2012, which will be dedicated to serving the Middle East region.

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