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Saudi Arabia’s direct investment in Egypt records $69.3M in Q1 of 2019/20

Saudi Arabia’s direct investment in Egypt dropped 43.3 percent during the first quarter (Q1) of fiscal year 2019/2020, recording $69.3 million, compared to $122.4 million during the same period of the prior year, according to the Central Bank of Egypt (CBE). CBE clarified in a recent report that foreign direct…

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