Egypt’s oil sector posts $598.3m net FDI inflow in FY2024/25 – CBE
Egypt’s oil sector achieved a net foreign direct investment (FDI) inflow of $598.3 million during fiscal year 2024/2025, compared to a net outflow of $351.6 million a year earlier, according to the Central Bank of Egypt (CBE).
The CBE report showed that total inflows to the oil sector reached about $6.2 billion, representing new investments from foreign oil companies, compared to $5.7 billion in the previous year. Outward transfers by foreign partners, which cover costs related to exploration, development, and operation, declined to around $5.6 billion from $6.0 billion.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser
