What should Egypt do to ensure steady FX inflows?

Mon, 11 Mar 2024 - 10:37 GMT

“Ensuring a flexible exchange rate system is one of the IMF’s prerequisites for the loan, and this is what the Central Bank of Egypt is focusing on,” Economic Expert Karim Nassar stated in an interview with Egypt Today.

Egypt expects $35B in FDIs within 5 years, GAFI Chairman

Wed, 25 Oct 2023 - 05:44 GMT

Discussing foreign investments, Heiba highlighted that Egypt has placed a keen eye on promoting green and renewable energy projects, and has recently signed nine framework agreements since COP27 with investments worth $50 billion over the next ten years

EGX attracts largest share of FDIs to Comesa markets

Tue, 24 Nov 2020 - 01:59 GMT

Egypt could attract about 38 percent of the FDIs, followed by Tunisia and Sudan with 9 and 8 percent, respectively, said the report.

Egypt’s FDI records $13.3B in FY 2016/17: CBE

Tue, 12 Sep 2017 - 09:41 GMT

Egypt’s net foreign direct investments (FDI) have increased to $13.3 billion in the last fiscal year (FY) 2016/2017, with a 6.5 percent increase.