Egypt’s net investment flows increased to $5.7 billion, CBE

Egypt’s net inflow of foreign direct investment increased about $5.7 billion from July to December, compared to $3.3 billion in the same period in 2021.

The Central Bank of Egypt attributed this to the increase in net investments received to establish new companies or increase the capital of existing entities, to record $2.2 billion up from $1 billion dollars.

The CBE reported that foreign direct investments in non-oil sectors increased to record a net inflow of $6.6 billion up from $4.4 billion.