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E  gypt
            Snapshot of E  gypt                                                                                                16
            $       Foreign Direct Investment (FDI):





          Egypt exerts tangible efforts to create a favorable climate for investment   Net FDI Flows in Egypt vs. some of Regional and Emerging
          through implementing legislative and procedural reforms, and promoting   Countries (USD billion)
          FDI  in  various  economic  sectors  including:  industry,  construction  and
          building, agriculture, communications, technology, financial services,                   2022
          education, and health, within the framework of implementing the strategy
          of GAFI to promote targeted investments.                        22.7    15.1     1.1    11.4    0.009   2.1     3.3     0.71
          •  Net FDI  Inflows  in Egypt amounted to  about  USD  10 billion  during
           FY2022/23. Concerning the sectoral distribution of net FDI flows during
           FY2021/22 to FY2022/23, an increase of net flows of newly established
           companies and significant increase of existing companies’ capital were
           observed compared to previous fiscal years.

          • Net greenfield investments or capital increases of existing companies
           increased by 20.6% to amounted USD 4.1 billion during FY2022/23   20.7  6.8     0.6    5.1     0.9     2.26    2.4     0.6
           compared to USD 3.4 billion during FY2021/22.                                            2021


           Net FDI (USD billion)                                          UAE   Argentina  Jordan  Egypt  Algeria  Morocco  Nigeria  Tunisia


                                                                           Source: UNCTAD - World Investment Report 2023


                                                                         • Despite the negative repercussions of the crisis of COVID-19 and Russian-
                                                                           Ukrainian war according to World Investment Report 2023 issued by
                                                                           United Nations Conference on Trade and Development (UNCTAD), Egypt

                                                                           has been the first recipient of FDI for 2022. With net flows that reached
            Source: Central Bank of Egypt - CBE                            about USD 5.1 billion.
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