Heiba stressed that this marks the highest growth rate in 15 years, he also confirmed that the authority is currently focusing on attracting foreign direct investment and promoting investment opportunities
The government aims to raise its dollar proceeds from FDI by 10% over the next three years, reaching $13 billion, as stated previously by Prime Minister Mostafa Madbouly.
Egypt ranked 14th among emerging markets in terms of investor confidence, according the index.
Egypt attracted more than $96.8 billion in such projects last year, which is close to three times that of its previous record of $34.9 billion in 2016.
The CBE revealed an increase in the net inflow of foreign direct investment into Egypt, recording about $5.7 billion