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Egypt foreign investment jump 300% last year
Egypt-Gulf, Economics, 3/6/2006
Egypt's Minister of Investment Mahmoud Mohyeddin said that President Hosni Mubarak's recent Gulf tour yielded positive results at the political and economic levels, telling Al-Ahram newspaper that an economic delegationtour into the gulf is planned and that in 2005, the volume of foreign investments in Egypt amounted to $3.9 billion, at a 300 percent jump from the previous year.
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