Foreign Investments

Foreign investments in new energy projects in Egypt double to $3.5B in 2022/2021

Mon, 01 Aug 2022 - 12:28 GMT

The capacities of new energy projects under development witnessed a remarkable increase during the period, reaching 3,570 megawatts, with foreign direct investments of nearly $3.5 billion, double its counterpart in 2020.

Foreign investments in Egyptian T-bills record $20.423B in December

Sun, 27 Feb 2022 - 12:58 GMT

Foreign balances in treasury bills recorded $20.423 billion (about LE 321.8 billion) at the end of last December, compared to $20.601 billion (about LE 324.6 billion) at the end of last November.

Egypt attracts $1.66 billion in foreign investments in 3 months

Thu, 03 Feb 2022 - 11:37 GMT

Net foreign investment in Egypt rose to $1.66 billion during the period from July to the end of last September, compared to $1.6 billion during the same period last fiscal year.

Foreign investments in Egypt's renewable energy rise to $3.5B

Thu, 20 Jan 2022 - 08:52 GMT

Wind energy projects in the Gulf of Suez region on the Red Sea coast accounted for 78 percent of these investments, and 22 percent for solar energy projects, according to a statement by the Ministry of Electricity, Wednesday.

Foreign investment in Egyptian debt instruments recorded historical increase: Bloomberg

Tue, 02 Mar 2021 - 12:29 GMT

Head of the Debt Management Unit at the Ministry of Finance Mohamed Hegazy, saying that the volume of foreign holdings of treasury bills and bonds in Egypt, located in North Africa, amounted to $ 28.5 billion at the end of February.

Foreign investments in T-bills record $7.016B in May

Thu, 16 Jul 2020 - 11:22 GMT

CBE clarified that foreign investments in T-bills have decreased by the end of May 2020, at the lowest rate since the beginning of the coronavirus crisis.

Foreign holdings of Egypt’s debt instrument exceed $20B by end of August

Mon, 09 Sep 2019 - 01:24 GMT

Ma’it added on the sidelines of Euromoney conference said that Egypt is attracting many investors during the current period after the completion of the economic reform program.

Foreign investments in petroleum sector to exceed $10B in 2019/20

Wed, 22 May 2019 - 02:11 GMT

The source pointed out that this will be reflected on the growing oil activity and projects implemented.

Foreign investments in T-bills reach $14.895B by end of March

Tue, 21 May 2019 - 02:27 GMT

The outflows of foreign investments in T-bills reached around $9.8 billion during the period of April to October 2018, as the investments hit LE 380.3 billion ($21.5 billion) in March.

Volume of joint foreign investments in petroleum sector hits $5.7B

Mon, 25 Feb 2019 - 11:32 GMT

The source clarified that $3.2 billion was invested in operations to explore oil and gas, in addition to developing fields, adding that the operating cost reached $1.6 billion.

Foreign investments in T-bills hit LE210.2B by end of October

Wed, 28 Nov 2018 - 11:54 GMT

Foreign investments in T-bills in local currency declined for the seventh month in a row, losing around $1.4 billion in October.

Food Delivery App Otlob to be acquired by German Delivery Hero

Thu, 23 Nov 2017 - 12:51 GMT

The German acquisition of Otlob should encourage further foreign investments, according to Otlob’s President Walid El Saadani.

Omran showcases EGX achievements during his 4-year tenure

Sun, 30 Jul 2017 - 05:48 GMT

EGX Chairman reviewed the achievements of the stock exchange during his four-year tenure in a farewell speech.

EGX market capital surges 114% to exceed LE 366B in 4 yrs

Sun, 30 Jul 2017 - 04:19 GMT

EGX market capital jumped 114 percent to more than LE 366 billion, while acquisitions and mergers surged to LE 45 billion from 3013 to 2017.

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