{"id":621601,"date":"2018-11-13T04:18:20","date_gmt":"2018-11-13T04:18:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/"},"modified":"2018-11-13T04:18:20","modified_gmt":"2018-11-13T04:18:20","slug":"egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/","title":{"rendered":"Egypt targeting USD 11.2 bn in foreign investments by 2022"},"content":{"rendered":"<p><strong>Egypt sees foreign direct investment at USD 11.2 bn in 2022<\/strong>, with inflows into renewable energy opportunities contributing c. 12% of that total, Investment Minister Sahar Nasr said, <a href=\"https:\/\/almalnews.com\/Story\/398151\/59\/11-2-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D8%B3%D8%AB%D8%AA%D9%85%D8%A7%D8%B1-%D8%A7%D8%AC%D9%86%D8%A8%D9%8A-%D9%85%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A8%D8%AD%D9%84%D9%88%D9%84-2022\">according to Al Mal<\/a>. Egypt fell short of its annual USD 10 bn target in each of 2016 and 2017, but still remained the most attractive destination for FDI in Africa in the first half of this calendar year, with the total inflow up 24% compared to 1H2017, <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/17\/global-fdi-slumped-in-1h2018-but-egypt-remains-africas-top-destination\/\">according to UNCTAD<\/a>. State figures show FDI stood at USD 7.7 bn in the state\u2019s 2017-18 fiscal year, down from USD 7.9 bn the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt sees foreign direct investment at USD 11.2 bn in 2022, with inflows into renewable energy opportunities contributing c. 12% of that total, Investment Minister Sahar Nasr said, according to Al Mal. Egypt fell short of its annual USD 10 bn target in each of 2016 and 2017, but still remained the most attractive destination [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[93,72,103,125,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621601","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-fdi","tag-investment-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1809dd3b-ac51-432f-97c4-0803b0b05736","order":"0","is_powered_by":true,"section_story_id":"964d5586-c249-4fe0-b6eb-a80699c01e8a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621586],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt targeting USD 11.2 bn in foreign investments by 2022 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt targeting USD 11.2 bn in foreign investments by 2022\" \/>\n<meta property=\"og:description\" content=\"Egypt sees foreign direct investment at USD 11.2 bn in 2022, with inflows into renewable energy opportunities contributing c. 12% of that total, Investment Minister Sahar Nasr said, according to Al Mal. Egypt fell short of its annual USD 10 bn target in each of 2016 and 2017, but still remained the most attractive destination [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-13T04:18:20+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt targeting USD 11.2 bn in foreign investments by 2022\",\"datePublished\":\"2018-11-13T04:18:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/\"},\"wordCount\":102,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"FDI\",\"investment watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/\",\"name\":\"Egypt targeting USD 11.2 bn in foreign investments by 2022 - 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FDI\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/47.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599049,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/egypt-fdi-falls-in-2018-amid-global-investment-drop-off\/","url_meta":{"origin":621601,"position":2},"title":"Egypt FDI falls in 2018 amid global investment drop-off","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"Foreign direct investment into Egypt fell 8.2% in 2018 amid global investment drop-off: Egypt retained its position as the largest recipient of foreign direct investment in Africa last year despite inflows falling 8.2% to USD 6.8 bn, according to UN figures. UNCTAD\u2019s 2019 World Investment Report shows that inflows mostly\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2981.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570023,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/16\/foreign-direct-investment-up-16-in-2q2019-2020-gafi\/","url_meta":{"origin":621601,"position":3},"title":"Foreign direct investment up 16% in 2Q2019-2020 -GAFI","author":"enterpriseam admin","date":"16 March 2020","format":false,"excerpt":"FDI rises by 16% in 2Q2019-2020, says GAFI: Net foreign direct investment (FDI) into Egypt increased by 16% y-o-y during 2Q2019-2020, head of the General Authority For Investment and Freezones (GAFI) Mohamed Abdel Wahab said during a cabinet meeting yesterday. Although Abdel Wahab did not provide an exact figure, the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/186.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542945,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/govt-targets-usd-7-bn-oil-fdi-in-2022-2023\/","url_meta":{"origin":621601,"position":4},"title":"Gov\u2019t targets USD 7 bn oil FDI in 2022-2023","author":"enterpriseam admin","date":"25 January 2022","format":false,"excerpt":"The Oil Ministry wants to attract USD 7 bn of foreign direct investment (FDI) into the oil and gas sector in FY 2022-2023, Reuters reported Oil Minister Tarek El Molla as telling Sky News Arabia TV yesterday.Oil + gas accounts for almost half of Egypt\u2019s FDI: At least, it did\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/325.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563299,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/27\/egypt-was-the-arab-worlds-second-most-attractive-fdi-destination-in-2020\/","url_meta":{"origin":621601,"position":5},"title":"Egypt was the Arab world\u2019s second-most attractive FDI destination in 2020","author":"enterpriseam admin","date":"27 June 2021","format":false,"excerpt":"Egypt received USD 5.9 bn in foreign direct investment in 2020, accounting for 14.5% of the USD 40.5 bn invested in the region that year, according to the Arab Investment and Export Credit Guarantee Corporation\u2019s Investment Climate 2020 report, Reuters writes. 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