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FINANCIAL NEWS
Egypt’s foregin investment records USD5.8bn
05 Jul 2016
(MENAFN) Foreign direct investment (FDI) posted USD5.8bn in the Jan-Sep period of FY 2015/16, compared to USD5.1bn in the same period of 2014.
Accordingly, the net inflows will establish firms on increase capital of existing companies to USD3.7bn from July 2015 to March this year.
Meanwhile, FDI net inflow in the country recorded USD2.8bn from Jan to March 2016, compared to USD1.7bn from Oct to Dec 2015.
In addition, foreign investments for its security portfolio achieved a net outflow of USD1.5bn among the cited period of FY 2015/2016.
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