The UAE was the largest BRICS investor in Egypt at $4.7 billion, followed by Saudi Arabia at $1.1 billion, China at $277.6 million, Russia at $62.4 million and India at $17.8 million.
Farid made the remarks while representing Egypt at the 118th session of the Arab Economic and Social Council at the ministerial level, held under rapidly changing regional and global economic conditions.
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Investment Minister Mohamed Farid says Egypt is implementing reforms to improve the business climate and attract investment.
