{"id":646595,"date":"2017-06-19T03:58:17","date_gmt":"2017-06-19T03:58:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/robust-fdi-growth-in-egypt-drives-inflows-in-north-africa\/"},"modified":"2017-06-19T03:58:17","modified_gmt":"2017-06-19T03:58:17","slug":"robust-fdi-growth-in-egypt-drives-inflows-in-north-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/robust-fdi-growth-in-egypt-drives-inflows-in-north-africa\/","title":{"rendered":"Robust FDI growth in Egypt drives inflows in North Africa"},"content":{"rendered":"

Robust foreign direct investment inflows into Egypt drove a hike in inflows in <\/strong>North Africa, according to the UNCTAD\u2019s <\/strong>World Investment Report 2017 (pdf)<\/strong><\/a>.<\/strong> FDI in Egypt rose 17% in 2016 to USD 8.1 bn, topping inflows in the region. This influx of FDI was on the back of major hydrocarbon discoveries and investments in the oil and gas sectors, including Shell\u2019s Western Desert concession. In contrast, FDI in Morocco, the second most attractive destination for investors in 2016, fell 29% to USD 2.3 bn. Egypt was one of the few nations that beat the downslide in FDI continent-wide in 2016, with investments falling 3% to USD 59 bn. On the regulatory side, the report took note of the passing of the Investment Act in 2017, which should incentivize investments, and the formation of the Supreme Investment Council. As we noted last week<\/a>, Egypt saw a net FDI inflow of USD 6.6 bn in the first three quarters of FY2016-17, mostly going to the oil sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

Robust foreign direct investment inflows into Egypt drove a hike in inflows in North Africa, according to the UNCTAD\u2019s World Investment Report 2017 (pdf). FDI in Egypt rose 17% in 2016 to USD 8.1 bn, topping inflows in the region. This influx of FDI was on the back of major hydrocarbon discoveries and investments in […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646595","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f18d0be1-a22c-440b-b79b-c3bbf847536a","order":"0","is_powered_by":true,"section_story_id":"28c80fb1-c765-4760-acff-50b6b3293777","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646582],"teaser":"","voice_url":""},"yoast_head":"\nRobust FDI growth in Egypt drives inflows in North Africa - 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\/2017\/06\/19\/robust-fdi-growth-in-egypt-drives-inflows-in-north-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robust FDI growth in Egypt drives inflows in North Africa\" \/>\n<meta property=\"og:description\" content=\"Robust foreign direct investment inflows into Egypt drove a hike in inflows in North Africa, according to the UNCTAD\u2019s World Investment Report 2017 (pdf). FDI in Egypt rose 17% in 2016 to USD 8.1 bn, topping inflows in the region. 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The report said that the country\u2019s\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/660.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566509,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/23\/egypt-is-still-africas-fdi-darling\/","url_meta":{"origin":646595,"position":3},"title":"Egypt is still Africa\u2019s FDI darling","author":"enterpriseam admin","date":"23 June 2021","format":false,"excerpt":"Egypt was the top recipient of foreign direct investment (FDI) in Africa in 2020, attracting USD 5.9 bn in inflows during the year, according to UNCTAD\u2019s 2021 World Investment Report. This corresponds to net FDI of USD 5.5 bn as outflows stood at USD 327 mn during the year, the\u2026","rel":"","context":"In "SPEED ROUND: ECONOMY"","block_context":{"text":"SPEED ROUND: ECONOMY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/570.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":646595,"position":4},"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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