In recent days, the government reviewed the World Investment Report for the year 2021 issued by the United Nations Conference on Trade and Development (UNCTAD), which bore positive implications for the Egyptian economy.
We monitor the details of these indicators:
Egypt retained its leading position to become the largest recipient of foreign direct investment in the African continent in 2020.
- Occupying the first place in Africa in the re-investment of profits of foreign companies by 41%.
The economic reforms undertaken by the government have improved macroeconomic stability and boosted investor confidence in the country
Egypt has made tangible efforts to promote foreign direct investment in various economic sectors.
- Success in achieving positive indicators that have been achieved despite the pandemic caused a decrease in net foreign direct investment for the African continent by 16% in 2020.
- Stabilizing rates in Egypt, despite the negative impact of global foreign investment flows by the Corona pandemic, to decrease by 35%.
- It is expected that global FDI flows will recover during 2021 to grow between 10% - 15%.
Expectations that global FDI flows will return to pre-coronavirus levels in 2022.