VOL. XXXV

NO. 20

17-FEBRUARY-1992

Financial and Banking News

Regional Investment

Saudi Investments in Egypt Total $1,528mn

Saudi investments in Egypt totaled E5,089mn ($1,528mn) at the end of 1991,according to Mr. Muhyiddin al-Gharib, the head of the Egyptian InvestmentAgency. They consisted of 207 projects, of which 61 were industrial (investmentvalue L2,382mn), 57 were in intermediate industry (E836mn), and 24 wereagricultural (E285mn). There are 16 construction projects (E271mn) and 16 inthe...