Egypt’s net FDI falls to $992.9 million in Q4: CBE

Egypt’s net foreign direct investments (FDI) fell by $1.780 billion in the four quarter of financial year to stand at $992.9 million, latest central bank report showed Tuesday.

During the third quarter, net FDI stood at $2.772 billion.

Investment inflows also dropped to $2.876 billion in the fourth quarter, from $3.500 billion in the third quarter. On the contrary, outflows surged to $1.833 billion from $727.7 million, according to the report.