Egypt views Biden's Middle East visit as a chance to attract more American investment

CAIRO: In May, Egyptian Prime Minister Mostafa Madbouly told a visiting US trade delegation that the total value of American investments in Egypt in the fiscal year 2021-22 was $24 billion. He said that this amount represented an increase of about $15 billion over the figure for the same period in 2020-21, and the investments were concentrated mainly in the fields of energy,

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