Egypt received USD1.5 billion in foreign direct investment in 1Q2015-16 (3Q2015), but expects a bigger inflow later in the year, Investment Minister Ashraf Salman said on Monday. Salman told Reuters in an interview in Abu Dhabi that he expected to meet a target of USD8-10 billion. "I am bullish in the second half we will see more FDI flow in the country," he said on the sidelines of a renewable energy summit. New investments will largely be focused in the oil and gas, renewables, real estate and infrastructure sectors. For more details on Egypt’s latest balance of payments trends, please review our report published earlier in the month. (Reuters)