foreign investments

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…
Stock exchange achieves second highest monthly record
Business

Stock exchange achieves second highest monthly record

The Egyptian Stock Exchange achieved unprecedented gains of nearly LE30 billion in August backed by several positive events at the…
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