UAE investments hit L.E. 1.7 billion

Egypt's Chairman of the General Authority for Investment and Free Zones (GAFI), Mohamed Al-Ghamarawi said the United Arab Emirates (UAE) investments in Egypt upped to be L.E. 1.7 billion in 104 projects providing 10,000 job opportunities.

GAFI chairman added that UAE companies invest L.E. 1.1 billion in 92 joint ventures.