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The value of Saudi investments in Egypt amounts to US$5.2 billion, to top the list of investors in the North African state, said head of General Authority for Investment (GAFI) Hassan Fahmy.
Fahmy further referred to the top five investors in Egypt are as follows; Saudi Arabia, the United Kingdom, UAE, Kuwait and Libya.
Egypt’s government has begun a review of several economic legislation, with some modifications of existing laws, and added new legislation to facilitate the work of serious investors such as the bankruptcy law and the unified investment law and working to combat corruption in all its forms.
