Egypt's Entrepreneurship sector attract foreign investors


(MENAFN) Despite the crises the Egypt economy is facing, including the lack of dollars, among other problems, the entrepreneurship sector shows stability and attracts foreign investors.

Moreover, four investment deals were created by foreign investors for Egyptian firms in 2015, while the most important one was the acquisition of Fawry Co. for USD 100mn.

The deal works in the field of electronic payment solutions, and signifies that the sector of entrepreneurship is still inviting investments, in spite of the economic issues.

Egypt has a large market; this is why its raises the chances for the emergence of creative plans based on invention, and next year will witness more investments in the field worth USD 300mn to USD 400mn.


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