Romania’s direct investments in Egypt hit $104mln in April 2022

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The number of Romanian companies operating in the North African country stood at 101 firms

Staff Writer, Arab Finance

February 7, 2023

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Direct Romanian investments in Egypt reached $104 million by April 2022, Egyptian Prime Minister Mostafa Madbouly said in a speech during the opening of the Egyptian-Romanian business forum on February 5th.

The number of Romanian companies operating in the North African country stood at 101 firms, Madbouly highlighted, adding that the firms work in various sectors, including tourism, finance, industry, and services.

In the same vein, he called Romanian investors to explore current investment opportunities in the fields of healthcare, renewable energy, and industry.

He also noted that the trade exchange between Egypt and Romania hit $1.1 billion.

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