Egypt’s net FDI hit $1.257 billion in Q4-FY2019

Egypt’s net foreign direct investment (FDI) reached $1.257 billion in the fourth quarter of the 2018/2019 financial year that ended on June 30, the central bank said on Wednesday.

Total foreign direct investments were $5.9 billion in the 2018/2019 financial year.

Net inflows registered $3.413 billion, while net outflows hit $2.156 billion in the April-June period, the central bank added.