foreign investments

Egypt’s foreign currency reserve at $38.2 billion: minister
Business

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

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

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

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

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

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

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

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

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…
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