{"id":326195,"date":"2022-09-19T12:43:08","date_gmt":"2022-09-19T12:43:08","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=326195"},"modified":"2022-09-19T12:43:08","modified_gmt":"2022-09-19T12:43:08","slug":"lebanon-has-1-20bn-worth-of-investments-in-egypt-minister","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/09\/19\/lebanon-has-1-20bn-worth-of-investments-in-egypt-minister\/","title":{"rendered":"Lebanon has $1.20bn worth of investments in Egypt \u2013 Minister"},"content":{"rendered":"

Lebanon is ranked 13th<\/sup> in terms of the largest countries investing in Egypt, with investments in the Arab world\u2019s most populous nation worth $1.2 billion, the Middle East News Agency (MENA) cited Egypt\u2019s Minister of Trade and Industry, Ahmed Samir.<\/p>\n

The minister\u2019s statement was made on the sidelines of the Egyptian-Lebanese Business Forum, which was held on 18 September 2022 in Cairo.<\/p>\n

There are around 1,904 Lebanese companies operating in the Egyptian market. The Lebanese investments in Egypt cover the financial, industrial, service, and real estate sectors, mentioned the minister.<\/p>\n

For his part, the Head of the Egyptian Commercial Services (ECS), Minister Plenipotentiary Yahya Elwathik Bellah, said the trade and industry ministry has 122 industrial investment opportunities available, including preliminary feasibility studies.<\/p>\n

In 2021, trade exchange between Egypt and Lebanon soared to $502 million, compared to $378 million in 2020, said\u00a0Head of the Egyptian-Lebanese Businessmen Association (ELBA), Fathallah Fawzy.<\/p>\n

Likewise, the value of Egyptian exports to Lebanon jumped to $329 million in 2021, while Egypt\u2019s imports from Lebanon rose to $173 million in 2021 from $98 million in 2020.<\/p>\n

The 7th<\/sup> edition of the Egyptian-Lebanese Business Forum will be held in Lebanon during the first quarter (Q1) of 2023\u00a0in support of the country\u2019s economy, revealed Fawzy.<\/p>\n","protected":false},"excerpt":{"rendered":"

anon is ranked 13th in terms of the largest countries investing in Egypt, with investments in the Arab world\u2019s most populous nation worth $1.2 billion, the Middle East News Agency (MENA) cited Egypt\u2019s Minister of Trade and Industry, Ahmed Samir.<\/p>\n","protected":false},"author":2,"featured_media":321461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,33],"tags":[],"class_list":["post-326195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest","category-main"],"yoast_head":"\nLebanon has $1.20bn worth of investments in Egypt \u2013 Minister - egy-africa<\/title>\n<meta name=\"description\" content=\"anon is ranked 13th in terms of the largest countries investing in Egypt, with investments in the Arab world\u2019s most populous nation worth $1.2 billion, the Middle East News Agency (MENA) cited Egypt\u2019s Minister of Trade and Industry, Ahmed Samir.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2022\/09\/19\/lebanon-has-1-20bn-worth-of-investments-in-egypt-minister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lebanon has $1.20bn worth of investments in Egypt \u2013 Minister - 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