Maait’s remarks came in a meeting with Osama bin Ahmed Al-Naqli, the Saudi Ambassador in Cairo, on Monday, which was also attended by Hossam Hussein, the Adviser to the Minister of Finance for Foreign Relations; and Nasreen Lashin, the Head of the Investors Support Unit.
In this regard, the Centre published, on Sunday, a report in which it sheds light on Egypt’s attractiveness to foreign investments, with the consensus of international institutions, and the optimistic expectations that it will continue to increase in the coming years, thanks to the economic reform that continues to reap its fruits despite the repercussions of the Coronavirus crisis.
Despite a decline of 14.9% in FDI flows to Africa and the Middle East in 2019, it was a very strong year for Egypt, according to FDI Intelligence report
Foreign investment in Egypt’s debt pile hit an all-time high by the end of October, data from Central Bank of Egypt (CBE) revealed. Foreign inflows in treasury bills (T-bills) registered $18.849bn at the end of October against $17.467bn at the end of September, an increase of $1.382bn, according to the CBE’s monthly bulletin released this …
Following the Iran nuclear deal, international sanctions are being rolled back. While president Rouhani hopes to attract foreign investments, the issue remains contentious
Government is working to improve the business sector to fight slow economic growth, decrease unemployment and improve quality of life through basic economic reform