Turkish investments in Egypt plunge to $77.8m in H1 of FY 23/24

Turkish investments in Egypt dropped to $77.8 million in the first half of the fiscal year 2023/2024, from $103.2 million in the same period last year, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Wednesday.

Conversely, Egyptian investments in Turkey increased, reaching $33.2 million in the first half of the fiscal year 2023/2024, up from $28.4 million in the corresponding period of the previous fiscal year.

Attribution: Central Agency for Public Mobilisation and Statistics (CAPMAS)

Subediting: M. S. Salama