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The net inflows of Foreign Direct Investment (FDI) in Egypt had increased by 95 percent from 440.1 to 858.2 million dollars during the second quarter of the fiscal year 2011/2012, according to the monthly report by the Central Bank of Egypt (CBE).
The European Union investments are still on top of the FDI list, hitting 656 million dollars, up by 30 percent during the second quarter of the current fiscal year, said the report. Britain comes first among the EU states with 335.4-million-dollar investments being pumped into the Egyptian market. Belgium, France and Greece come next in terms of investment inflows. Arab investment influx rose by 23.3 percent from 314.6 million dollars to 362.1 million dollars.
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