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. — (

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