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Egypt provides $3B investments in two years

Egypt provides $3B investments in two years

Cairo: Egypt has offered EGP 50 billion ($3.02 billion) investment opportunities during the last two years, head of the Egyptian Internal Trade Development Authority (ITDA), Ibrahim Ashmawi, commented.

The trade sector in Egypt is one of the most important and promising sectors that attract investments from Arab and foreign countries, Ashmawi added.

Around EGP 50 billion were pumped to finance 18 projects in 11 governorates, the top official revealed, noting that these projects are expected to create 400,000 jobs. Source: Mubasher

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