foreign direct investment

Egypt’s current account deficit narrows in Q4 of 2019
Economy

Egypt’s current account deficit narrows in Q4 of 2019

Egypt’s current account deficit for the last quarter of 2019 narrowed to $3.19 billion from $3.25 billion in the same…
India economy seen losing momentum ahead of election
World

India economy seen losing momentum ahead of election

NEW DELHI (Reuters) – India’s economy appeared to be losing momentum in the approach to a general election that must…
Foreign direct investment in Egypt adds up to $6.8 bln for last fiscal year: Sahar Nasr
Egypt

Foreign direct investment in Egypt adds up to $6.8 bln for last fiscal year: Sahar Nasr

Egypt’s Investment and International Cooperation minister Sahar Nasr said that net foreign direct investment in Egypt during the fiscal year…
Three British trade missions visit Egypt to explore investment opportunities
Business

Three British trade missions visit Egypt to explore investment opportunities

UK Prime Minister’s Trade Envoy, Sir Jeffrey Donaldson, along with 40 delegates from British companies arrive to Egypt this week…
Hermes projects US dollar at LE15 by the end of 2017
Business

Hermes projects US dollar at LE15 by the end of 2017

EFG Hermes investment bank is expecting improvement in the Egyptian pound exchange rate by the end of the current year…
Egypt jumps 10 places in foreign direct investment ranking: Financial Times
Egypt

Egypt jumps 10 places in foreign direct investment ranking: Financial Times

Egypt has moved up to fifth place globally in the increase in foreign direct investment (FDI) flows, according to a…
Egypt in talks to obtain $2 bln in financing from China
Egypt

Egypt in talks to obtain $2 bln in financing from China

Egypt is in talks with China to obtain $2 billion in financing, Deputy Finance Minister Ahmed Kojak said, without giving…
IMF sees ‘productive’ talks on Egypt loans with China, Saudi Arabia
Business

IMF sees ‘productive’ talks on Egypt loans with China, Saudi Arabia

The International Monetary Fund said on Thursday it has held "very productive discussions" with authorities in China and Saudi Arabia…
Egypt receives first tranche of $3 bn World Bank loan
Business

Egypt receives first tranche of $3 bn World Bank loan

The World Bank has handed over to Egypt the first tranche of a US$3 billion loan to support the government's…
Egypt to receive $2 bln deposit from Saudi Arabia: minister
Egypt

Egypt to receive $2 bln deposit from Saudi Arabia: minister

Egypt signed a deal earlier this year for a $2 billion central bank deposit from Saudi Arabia, International Cooperation Minister…
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