US companies are keen to increase investments in Egypt, Investment and International Cooperation Minister Sahar Nasr said. According to a ministry statement released on Thursday, Nasr met several representatives from US companies, including conglomerate General Electric, Johnson, food provider Cargill, pharmaceutical company Merck & Co, oil and gas giant ExxonMobil, food manufacturing company Kellogg’s, representatives from JPMorgan Chase and MasterCard.Egypt’s net foreign direct investment (FDI) rose by 14.5 percent to $7.9 billion in the 2016-2017 fiscal year that ended on 30 June, the central bank said on Tuesday.
US companies keen to increase investments in Egypt: Egyptian minister
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