foreign investments
Egypt’s foreign currency reserve at $38.2 billion: minister
Business
February 24, 2018
Egypt’s foreign currency reserve at $38.2 billion: minister
Minister of Planning Hala al-Saeed said that the strategic reserve of foreign currency in the Central Bank of Egypt reached…
No Egyptian banks investing in Ethiopia’s dam: CBE
Egypt
December 11, 2017
No Egyptian banks investing in Ethiopia’s dam: CBE
Governor of the Central Bank of Egypt (CBE) Tarek Amer denied on Sunday that reports that Egyptian banks and other banks…
Foreign investment in Egyptian securities rises to $19 bln
Economy
December 11, 2017
Foreign investment in Egyptian securities rises to $19 bln
Foreign investment in Egyptian securities hit $19 billion as of December 6 since the flotation of the pound currency in…
Egypt ranked as top investment destination in Africa for 2018: African Ban RMB
Egypt
September 19, 2017
Egypt ranked as top investment destination in Africa for 2018: African Ban RMB
Egypt has replaced South Africa as the top investment destination in Africa due to a superior economic activity score, while…
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Business
March 2, 2017
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Only foreign investment can reduce the burden of public debt because Egyptian investment will not be able to raise growth…
Net foreign direct investment up by 13.7%: Investment Ministry
Business
July 8, 2016
Net foreign direct investment up by 13.7%: Investment Ministry
The Investment Ministry has released figures suggesting a net increase in foreign direct investment (FDI) in Egypt during the 2015-2016…
Saudi proposal to protect foreign investments
Business
December 20, 2013
Saudi proposal to protect foreign investments
Abdullah Bin Mahfouz, president of the Saudi-Egyptian Business Council, said that a senior Saudi delegation proposed a law to the…
PM: Qatar may invest up to US$18 bln in Port Said, North Coast
Egypt
January 10, 2013
PM: Qatar may invest up to US$18 bln in Port Said, North Coast
Qatar has proposed new investments in East Port Said and the North Coast that could be worth up to US$18…
Multi-million dollar loan from China due to arrive in National Bank
Business
September 3, 2012
Multi-million dollar loan from China due to arrive in National Bank
The National Bank of Egypt said that the US$200 million loan recently granted by the China Development Bank will arrive…