(MENAFN) The Egyptian minister of investment and global co-op proclaimed that net foreign direct investment (FDI) in Egypt grew by almost 39 percent amid the first half of the year.
Through the period, FDI inflows reached USD4.3bn compared to USD3.1bn in the first half for the financial years 2015/2016.
Additionally, the increase was attributed to the growth in net foreign investment inflows to establish new firms or raise the capital of recent ones.
The country ranked 29th in the FDI index, 16th in international services location, 25th in the market size index and as 49th in the logistics index.
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