Middle East Economic Survey
Egypt Attracts $8.1Bn In FDI In 2008-09
Egypt has attracted about $8.1bn in foreign direct investment (FDI) in fiscal year 2008-09, which started on 1 July, according to preliminary estimates by the Central Bank of Egypt (CBE) of the countrys balance of payments, raising total FDI from July 2005 to June 2009 to about $42.4bn. Egyptian Minister for Investment Muhammad Muhyi al-Din said that the FDI figure in 2008-09 exceeded earlier...
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