The central bank said in a statement that Egypt had succeeded in attracting investment from the United Kingdom at the end of last fiscal year, compared to zero investment in previous years.
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The UK’s investment is estimated at $ 1.8 billion, and EU direct investment in Egypt at the end of last fiscal year was about $ 5.1 billion, up from $ 9 billion in the previous fiscal year.
U.S. investment is the second largest source of foreign direct investment, reaching $ 1.63 billion at the end of last fiscal year, up from $ 1.412 billion in the previous year.
Foreign direct investment in Egypt fell by $ 2.24 billion at the end of last fiscal, from $ 7.543 billion in the previous fiscal year to $ 5.214 billion.
Inward investments in the last financial year were about $ 1.4 billion, up from $ 1.6 billion in the previous year.
Arab investment in Egypt declined to $ 3.122 billion in the last fiscal year, compared to $ 3.9 billion in the previous fiscal year, with Saudi investments at $ 325.3 million, UAE investment at $ 1.411 billion, Tunisia at $ 55.6 million and Kuwait. With $ 353.5 million.
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