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Egypt investment prospects valued at $173bn next year

Egypt investment prospects valued at $173bn next year
Investors have recently showed their interest in investing in Egypt despite the current political situation, with several indicators pointing towards a remarkable pick-up in economic development over the next two to three years.
There are over $173 billion in un-awarded projects in Egypt as recently as September of this year, Saudi Gazette reported citing MEED Projects.
Foreign companies continue to maintain their presence in the country with an influx of investment continuously pouring into the country making it all the more attractive for foreign and regional banks and high net-worth individuals to continue to scout for new opportunities or to expand even as some of these banks scale back in nearby countries such as Lebanon.