11 February 2014
Egypt: Foreign Investment in Egypt At About Two Billion in First Half of Year
Cairo — Minister of Investment Osama Saleh told Reuters early on Tuesday that direct foreign investments coming into Egypt during the first half of this financial year have reached 2 or 2.1 billion dollars.
Egypt has been economically struggling since an uprising toppled Hosni Mubarak in 2011 with political instability and lack of security driving foreign investors and tourists away.
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