Financial and Banking News
Foreign Investment In Egypt Increases
Egypt's Public Investment Authority approved 2,151 new projects involvingcapital investment of E22,359mn ($6,954mn) in the year to 30 June 1993.Implementation began on 1,362. Most of the investment funds come from Egyptians,although the authority's figures do not make clear how much of this money hasbeen repatriated in hard currency and how much was already in the country. TheGulf...