Saudi Arabia invests in 563 Egyptian companies

Published December 26th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Saudi Arabia occupies first position in terms of investments in Egypt by Arab countries, according to recently published statistics by the Egyptian General Authority for Investment and Free Zones, Al-Sharq Al-Awsat reported. 

 

Saudi businesspeople 16.37 billion Egyptian Pounds ($3.6 billion) in capital into 563 companies in Egypt. These companies include industrial, agricultural, financing, services, contracting and housing operations. — (menareport.com)

© 2001 Mena Report (www.menareport.com)

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