Egypt restoring ability to lure foreign investment
Egypt investment
London - MENA
Egypt has restored its previous position as a main destination for foreign direct investments in 2014, a study by Ernst and Young said on Friday.
The study noted that the stable government in Egypt helped the country to come second in Africa in terms of the volume of foreign direct investments.
"Egypt attracted investments worth 57.9 billion dollars in 2014," the study said, adding that such investments crated 51,634 job opportunities for Egyptian youths.
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