Arab investors hold 2,183 shares in Egyptian firms

Published December 26th, 2001 - 02:00 GMT

Recently published statistics by the General Authority for Investment and Free Zones show that Arab investors hold shares in 2,183 companies in Egypt, reported Al-Sharq Al-Awsat. The total capital of these enterprises is estimated at 62 billion Egyptian Pounds ($14 billion), of which Arab financiers contribute EP 13.9 billion. The total investment cost of joint Egyptian-Arab companies is assessed at EP 85 billion. — (menareport.com)

© 2001 Mena Report (www.menareport.com)


© 2000 - 2022 Al Bawaba (www.albawaba.com)

You may also like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content