Egypt qualified to achieve biggest foreign investments in its history: Omran

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Sat, 09 Dec 2017 - 05:03 GMT

BY

Sat, 09 Dec 2017 - 05:03 GMT

Africa 2017 Forum logo - Photo courtesy of Business for Africa Forum website

Africa 2017 Forum logo - Photo courtesy of Business for Africa Forum website

SHARM EL SHEIKH - 9 December 2017: Chairman of the Egyptian Financial Supervisory Authority Mohammad Omran said Egypt is qualified to achieve the biggest foreign investments in its history during the fiscal year 2017-2018.

In a Saturday statement on the fringe of Africa Forum-2017, currently in session , Omran said the past years have witnessed big changes at the level of economic reform including the liberalization of exchange rate, the new investment law and its executive statute.

He said the economic growth rates reached 6 or 7 percent before 2010, but such rate was not fair for all the categories of the Egyptian people.

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