Cairo – Muabsher: Foreign investment in Egyptian securities rose to $18 billion in September 2017 from EGP 1 billion in June 2016, according to data announced by the Ministry of Finance (MOF).
Deputy finance minister Ahmed Kojak told Reuters in September that foreign investment in Egyptian debt instruments reached about $17.6 billion since the liberalisation of the exchange rate.
The Egyptian government aims to attract direct foreign investment ranges between $10 billion and $15 billion over the next three years.