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Foreign Investment

Saudi Egyptian Investment Co. buys minority stakes in 4 state-owned companies

The newly-launched Saudi Egyptian Investment Company (SEIC) has acquired minority stakes in 4 Egyptian companies worth around $1.3 billion

KSA’s PIF launches investment company aimed at Egypt’s promising sectors

The company is looking to invest various Egyptian sectors, including infrastructure, real estate, healthcare, financial services, food and agriculture, manufacturing, and pharmaceutical

Egypt’s 2021 FDI inflows makes it 3rd in Arab world with 16.4% of regional inflows

The IDSC’s infographic was based on the Arab Investment and Export Credit Guarantee Corporation’s data released in July

Egypt’s net FDI inflows see recorded-high in Q1 2022 with 183.4% surge | CBE

Egypt’s net FDI inflows surged by 183.4% during Q1 of 2022 (aka. Q3 of FY 2021/2022), hitting $4.05 billion compared to $1.43 billion in Q1 of 2021

Saudi Investment fund to acquire “significant” stake in new state-hotel company

The minister told Hapi Journal that talks with the PIF and the Sovereign Fund of Egypt (SFE) are still in the initial stage