VOL. XXXIII

NO. 6

13-NOVEMBER-1989

Financial and Banking News

Investment Activities

Arab Investments in Egypt Worth $634mn

Fifteen years after Egypt first opened its highly-regulated economy toforeign investment and actively sought Arab equity participation in developmentprojects, the value of all Arab investment in Egypt stood at the equivalent ofjust $643mn as of the end of June this year, according to figures published bythe General Authority for Investments (GAFI). The figures show that Kuwait...