Renaissance Capital, the leading emerging market investment bank, expected in its report issued on 29 June that the Middle East and North Africa (MENA) region to become more attractive to foreign direct investments (FDI) in the coming years, supported by cheaper rates and better human capital.
The report noted that North Africa, Turkey, and Ukraine may replace the Central and Eastern European three (CE3) countries of Poland, the Czech Republic, and Hungary as favoured industrial FDI destinations.
The report pointed out that cheap wages and better human capital mean the MENA region should become more attractive to FDIs.
Renaissance Capital said that following …read more
Source: Daily News Egypt
