Egypt ranks first in FDI among African countries in 2017: COMESA
CEO of COMESA Regional Investment Agency Heba Salama.
Cairo - MENA
Egypt ranks the first among African countries in 2017 in terms of attracting Foreign direct investments, said CEO of COMESA Regional Investment Agency (RIA) Heba Salama.
In 2017, foreign direct investments in Egypt were estimated at 7.4 billion dollars to be followed by Ethiopia, she added.
Salama told African Business Magazine that Egypt took the lion share of foreign direct investments coming to the African continent in 2017 with a share representing 42 percent of total investment inflows to Africa.
Meanwhile, she made clear that foreign direct investments declined in world states from 1.87 to 1.43 trillion dollars in 2017 and consequently they went down in the African continent to 42 billion dollars.
She lauded the Free Trade Area agreement signed among African states, saying it helped providing more opportunities for investments, facilitating the movement of citizens and increasing inter-Africa trade.
- Thursday ,13 December GMT 13:52 2018 Economic conference on investment opportunities in Syria kicks off
- Sunday ,09 December GMT 12:24 2018 Cairo, Rome ink 45 million Euros deal to support Egyptian private sector
- Friday ,07 December GMT 16:28 2018 Putin does not rule out connecting South Europe to Turkish Stream via Greece
- Sunday ,02 December GMT 07:54 2018 US and China agree to 90-day ceasefire on tariffs after leaders' meet
- Tuesday ,20 November GMT 16:13 2018 Eurasian Economic Commission, Thailand sign memorandum on cooperation
- Monday ,19 November GMT 16:41 2018 Putin hails Turkish president’s role in seeing TurkStream project implemented
GMT 13:52 2018 Thursday ,13 December
Economic conference on investment opportunities in Syria kicks offGMT 12:24 2018 Sunday ,09 December
Cairo, Rome ink 45 million Euros deal to support Egyptian private sectorGMT 16:28 2018 Friday ,07 December
Putin does not rule out connecting South Europe to Turkish Stream via GreeceGMT 13:02 2018 Tuesday ,04 December
French PM puts fuel tax hike on hold after protestsGMT 07:54 2018 Sunday ,02 December
US and China agree to 90-day ceasefire on tariffs after leaders' meetGMT 12:27 2018 Friday ,30 November
G20 set to open in Argentina with global trade concerns in focusGMT 16:13 2018 Tuesday ,20 November
Eurasian Economic Commission, Thailand sign memorandum on cooperationGMT 16:41 2018 Monday ,19 November
Putin hails Turkish president’s role in seeing TurkStream project implementedRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 02:03 2015 Monday ,02 March
US dollar exchange rate unchanged today against EGP
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 22:42 2018 Thursday ,13 December
'World of Food Abu Dhabi' kicks off at Umm Al Emarat Park
GMT 17:33 2018 Friday ,30 November
US-led coalition airstrike on Syria’s Deir ez-Zor kills over 30 civilians
GMT 18:45 2018 Monday ,05 November
Spice Girls reunite for British tour, minus Victoria Beckham
GMT 18:15 2018 Wednesday ,17 October
Malki welcomes UN vote giving State of Palestine more powers
GMT 11:22 2018 Wednesday ,10 October
Saudi student found dead inside US apartment
GMT 11:42 2018 Wednesday ,10 October
Four dead in Manama gas cylinder blast
GMT 11:44 2018 Monday ,08 October
President underlines need for policy action strategies
GMT 08:32 2017 Thursday ,02 March
Sudan’s Bashir names ally prime minister
GMT 14:32 2018 Sunday ,30 September
President al-Assad decrees the establishment of Children’s Hospital in TartousGMT 17:55 2011 Wednesday ,16 November
S. Africa seeks DNA of rhino horns seized in Hong Kong
GMT 13:57 2016 Wednesday ,24 February
Fans of Indian politician get tattoos for her birthday
GMT 11:01 2018 Friday ,07 September
Trump calls on times to reveal 'coward' behind critical oped
GMT 23:55 2017 Wednesday ,22 February
Malaysian PM: N.Korean envoy was “diplomatically rude”
GMT 07:18 2017 Monday ,10 April
President of the European Council Receives Credentials of Qatari AmbassadorGMT 00:01 2012 Tuesday ,08 May
Beren Saat, dream woman for Arab men
GMT 19:11 2017 Sunday ,19 February
US defence secretary, Abu Dhabi CP discuss military cooperation
GMT 15:24 2017 Thursday ,17 August
12 Daesh elements killed in tunnel collapseGMT 17:05 2012 Saturday ,10 March
Literary giants come face to face with readers
GMT 08:53 2017 Monday ,20 March
Philippines' Duterte calls European critics 'crazies'
GMT 04:50 2016 Monday ,12 December
Al Azhar Imam heads for Abu Dhabi
GMT 19:49 2016 Tuesday ,14 June
Trudeau : Canadian hostage likely killed
GMT 07:29 2017 Monday ,24 April
European stocks surge at open on French vote resultGMT 08:24 2013 Thursday ,31 January
Cinderella
GMT 12:30 2014 Thursday ,03 April
Game developers to go global with Google play
GMT 03:46 2015 Wednesday ,09 September
Microsoft buys cloud computing security startup
GMT 15:42 2016 Sunday ,21 August
Facebook woos video-loving teenagers with new app
GMT 14:00 2016 Saturday ,05 March
SpaceX satellite launch succeeds, but rocket crash lands
GMT 14:39 2016 Monday ,14 March
US shale producers pushing technology to new extremesGMT 14:47 2012 Wednesday ,20 June
How to get rid of pimple marks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor