UAE investors have their eyes on Egypt

Egypt is one of several countries in the region that UAE investors have got their eyes on, according to Khaleej Times. “‘We see great potential in Egypt where laws and regulations are improving with greater clarity in investment protection,’” said UAE International Investors Council (UAEIIC) Secretary General Jamal Al Jarwan. “‘In three months' time, there will be a lot more changes coming in Egypt. UAE investors have already invested USD 10 bn in India and USD 6.5 bn in Egypt and there will be much more investment going in these countries.”