Oil and gas is likely to dominate future inflows of FDI to Egypt, “especially as these companies’ large arrears are now being cleared following the easing of [USD] liquidity,” says a Renaissance Capital report cited by CPI Financial. Besides oil and gas, “it is likely commercial real estate could see a greater impact from continued foreign interest, given Egypt’s limited mall space and low penetration of modern retail.” The report also sees potential opportunities in banking, but not in other regulated sectors as utilities and tobacco.

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