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FINANCIAL NEWS
Egypt’s FDI grows by 49.3 percent to USD6.9bn
29 Jun 2016
(MENAFN) Egypt obtained 17.3 percent of whole foreign direct investment (FDI) in Arab nations last year, ranking third after the UAE and Saudi Arabia.
Moreover, the UAE received USD11bn of FDI, making up 27.5 percent of all FDI poured into Arab countries in the cited year.
On the other hand, Saudi Arabia got USD8.1bn at 20.4 percent, while Egypt came in third place with a whole of USD6.9bn of FDI.
However, investments in the Arab nations showed a drop of 10 percent in the all inflow of FDI in 2015, compared to 2014, which reached USD40bn.
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