Egypt's economy has been battered by more than three years of political turmoil since the 2011 uprising that toppled Hosni Mubarak. The government is walking a tightrope in trying to increase revenues and cut its deficit while luring investors and tourists spooked by the uncertainty buffeting the whole region.
After nine months of the 2013/14 fiscal year, FDI had stood at $4.4 billion. In the year ended June 2013, it totalled $3 billion almost $1 billion less than in the previous year.
Egypt is aiming for foreign direct investment of $10 billion in 2014/15, as it seeks to attract investors by cutting bureaucracy and facilitating business.