C. Bank Says Net Inflow of FDI Up US$21.602bln in Q2 of FY13/14

Big 5

The latest reports of the Central Bank of Egypt (CBE) showed that the Foreign direct investments (FDI) in Egypt realized a net inflow of nearly US$1.602 billion at the end of December 2013 registering US$356 million.

CBE said this rising is due to inching of received inflow investments for establishing firms or increasing capitals to attain US$2.365billion in September 2013, whereas the foreign inflow reached US$1.252 billion at 2013-end against US$1.119 billion at the end of September 2013.

The net inflow investments of the EU yield to1.681billion at the  last quarter of 2013, compared to US$1.460 billion at the end of September 2013.

In addition to the net inflow investments of United state reached around US$579 million against US$562 million at September-end, move up by US$17 million.