Foreign investment in Egypt fell by $400 million in the first quarter compared with the same period in 2010 as political instability rattled investor confidence in the country, an official said on Wednesday.
Foreign investment in the first three months of 2011 came to $1.2 billion, Osama Saleh, the head of the General Authority for Investment (GAFI) said.
International investors withdrew funds from Egypt in the wake of a popular uprising that forced President Hosni Mubarak out of office and put a brake on economic growth.
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