He emphasized that this momentum reflects growing investor confidence, supported by ongoing reforms to strengthen the trade and investment climate.
In an interview with Asharq Bloomberg, Heiba noted that part of this investment came from Saudi Arabia, the UAE, and Qatar.
This marks a sharp rise from 32nd place in 2023, when Egypt attracted just $10 billion.
Heiba pointed to the efforts of attracting foreign direct, which aims to promote Egypt as a regional center for attracting investment.