US$2.1bn Investments of UAE in Egypt’s ICT Sector

 The investments of UAE in Egypt’s ICT sector reached around US$2.08 billion till the end of last May, as it is the most prominent sector for UAE in the Egyptian market.

Senior sources in Egyptian Investment Ministry said UAE is the most important country which invests in Egypt’s ICT sector and the numbers of UAE firms boosted from 45 to 49 in 4 months and in various regions, the issued capital is US$2.6 billion whereas the paid up capital reaches also US$2.6billion.