Cairo – Mubasher:Egypt saw 1,276 new companies established through November 2016, creating 7,942 jobs, according to the figures of the General Authority For Investment.
Total founding capital for the new firms was EGP 1.9 billion, with 89.3% of it coming from Egyptian investors.
Egyptians weren't the month's only investors; Arabs put in 8.2% of the total capital raised, with from other nations supplying 2.5%.