GAFI: Capital of 171 firms in Egypt up EGP3.8bn in August

Capital of 171 companies operating in Egypt upped by more than EGP 3.8 billion in August, the General Authority for Investment & Free Zones (GAFI) said.

According to GAFI monthly report, this rise will secure 15,806 job opportunities.

Minister of Investment Dalia Khorshid said this capital rise reflects investors' confidence in the business environment of the Egyptian market. 

As many as 80 service companies topped the list, while industry companies came second.

Construction companies occupied the third position, then communications and IT companies, tourism companies, agro companies and finally funding companies.