foreign direct investment

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…
CBE governor says UAE will deposit $2 bn by end of May
Egypt

CBE governor says UAE will deposit $2 bn by end of May

The governor of the Central Bank of Egypt (CBE), Tarek Amer, has announced that negotiations are underway for a US$2…
Italy mulls establishing three logistic zones in Egypt: minister
Business

Italy mulls establishing three logistic zones in Egypt: minister

Italy is mulling the creation of three logistics zones in Egypt to preserve and store grains, vegetables and fruits, and…
A year after the 2015 economic summit, what has been achieved?
Business

A year after the 2015 economic summit, what has been achieved?

Tuesday marked one year since Egypt concluded a massive economic conference in the resort city of Sharm el-Sheikh, a major…
Arab League: Political unrest behind lackluster foreign investment
Business

Arab League: Political unrest behind lackluster foreign investment

Foreign direct investment in Arab countries dropped from US$90 billion in 2010 to $43 billion in 2011, pushing the region's…
Back to top button