Foreign Investments In Egypt Hit $ 9.2 Bln In 3 Years

Minister of Investment Osama Saleh announced that in spite of the hard circumstances witnessed by the country in the last three years, Egypt managed to attract about USD 9.2 billion foreign investments.

The Minister added that after the decline in the rate of founding companies in 2011, the rate started getting back on track especially after the June 30th revolution.

During his participation in the Arab Investment Forum organized by the Arab Planning Institute in cooperation with the Arab Investment & Export Credit Guarantee Cooperation, Saleh said that the Ministry of Investment received a number of offers from investors to participate in the projects offered by the ministry during the Egyptian-Gulf Investment Forum.

Source: SIS