Amazon payments unit gives leg up for Egypt’s digital push

Amazon payments unit gives leg up for Egypt’s digital push
Amazon payments unit gives leg up for Egypt’s digital push

Thank you for reading the news about Amazon payments unit gives leg up for Egypt’s digital push and now with the details

Jeddah - Yasmine El Tohamy - : Foreign direct investments (FDI) in Dubai amounted to 24.7 billion dirhams ($6.7 billion) in 2020, the highest in the Middle East and North Africa region, creating about 18,000 jobs, the emirate’s crown prince said.
FDI projects in Dubai reached 455, exceeding the annual average of 441 in the last five years, placing the emirates among the top global FDI locations in 2020, according to data by the Financial Times’ fDi Markets.
“Dubai’s sustained FDI flows reflect the continued attractiveness of Dubai’s investment environment and the confidence of the investor community in Dubai’s future economic potential,” Crown Prince Hamdan bin Mohammed bin Rashid Al-Maktoum said in a statement.
He noted how Dubai was able to achieve this in a challenging global investment environment, where businesses and investors were pressured by the COVID-19 pandemic.
The US was the top FDI source country, accounting for 21 percent of capital and 22 percent of projects. Other top countries were France, Japan, the UK, and Germany.
The FDI flows were mostly in the food services, electric power generation, healthcare, and retail sectors.

These were the details of the news Amazon payments unit gives leg up for Egypt’s digital push for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Barclays and BNP Paribas report bumper Q1 profits