Egypt targets economic growth of 7-8% by 2027: Planning Minister

Sun, 21 Apr 2024 - 10:22 GMT

She noted that in spite of the anticipated economic growth deceleration in 2024 due to Middle East conflicts, the rate is projected to surpass regional average.

Egypt's FDI surges to $10B in FY 2022/23, marking 15-year high

Mon, 26 Feb 2024 - 10:07 GMT

Through analyzing the evolution of net foreign direct investments over the past nine years, excluding the COVID-19 period, foreign direct investments entering non-petroleum sectors reached a net flow of $11 billion.

GAFI, HSBC partner to boost foreign direct investment in Egypt

Wed, 07 Feb 2024 - 01:26 GMT

GAFI’s president stressed that the authority is keen to cooperate with HSBC to attract, introduce, and connect more international investors to the growing business opportunities in Egypt

Overview of FDI Inflow in 2023

Tue, 30 Jan 2024 - 12:25 GMT

Egypt attracted billions of dollars

Net foreign direct investment in Egypt rises to $7.9B in 9 months

Wed, 26 Jul 2023 - 01:20 GMT

The CBE detailed that net foreign direct investment from July 2022 to March 2023 amounted to approximately $7.945 billion, compared to about $7.348.5 billion in the corresponding period of the previous year, indicating an increase of $596.9 million.

Egypt's sustainable development efforts garner international recognition

Sat, 08 Jul 2023 - 07:27 GMT

Egypt has solidified its position as an attractive investment destination in Africa and the Arab world.

Net FDI in Egypt surge 94% during Q1 of 2022/2023

Wed, 22 Feb 2023 - 08:34 GMT

Egypt is the first investment destination for Arab sovereign funds, led by Saudi investments and Emirati investments, within the Gulf investments in Egypt in general.

Pathways to Maintain Egypt's Attractiveness to Foreign Direct Investment

Thu, 26 Jan 2023 - 05:00 GMT

It is not an easy quest in some sectors.

Egypt has become attractive destination for FDI: Finance min.

Thu, 01 Sep 2022 - 03:56 GMT

The minister, meanwhile, stressed that the Egyptian economy has shown strong performance, resilience and ability to absorb shocks.

Egypt’s net foreign reserves increased by 53% to $7.3B in 9 months

Sun, 07 Aug 2022 - 04:19 GMT

Net foreign direct investment in Egypt recorded about $7.3 billion during the period from July 2021 until the end of March 2022, compared to $4.78 billion in the same period of the previous fiscal year.

Egypt ranks 3rd among Arab countries in FDI inflows in 2021

Mon, 01 Aug 2022 - 01:53 GMT

As such, Egypt acquired 16.4 percent of new FDI in the region.

FDI in Egypt surges 183% during Q1 of 2022

Mon, 01 Aug 2022 - 12:09 GMT

Thus, net foreign direct investment in Egypt recorded the highest value since the first quarter of 2018, which amounted to $6.9 billion at the time.

Egypt ranks 2nd in Africa in FDI inflows in 2021/2022- IDSC

Mon, 27 Jun 2022 - 04:32 GMT

The infographic highlights data in the report of the UN Conference on Trade and Development (UNCTAD) on FDI in Egypt, issued in June 2022 .

Egypt aims to attract $10B in FDI: Minister

Mon, 13 Jun 2022 - 06:15 GMT

Maait elaborated that this comes in a manner that ensures raising economic growth rates, creating more job opportunities, and enhancing aspects of spending on improving the standard of living of citizens and upgrading the services provided to them.

Egypt's Cabinet publishes figures on economic performance between 2009, 2021

Sat, 10 Jul 2021 - 02:42 GMT

The Media Center of the Cabinet released Saturday the figures.

Egypt remains largest recipient of foreign direct investments in Africa in 2020: UNCTAD

Tue, 22 Jun 2021 - 11:54 GMT

The foreign direct investments in Egypt were estimated at $5.9 billion in 2020, the UNCTAD said in its World Investment Report 2021 report on Monday.

FRA approves establishing first direct investment company in Egyptian market

Wed, 09 Jun 2021 - 05:05 GMT

A well-placed source at FRA said the approval came in line with the capital market law no 95 of 1992 and its executive statute.

COMESA: Egypt acquired 32 percent of investments in COMESA members states during 1st half of 2020

Wed, 25 Nov 2020 - 02:05 GMT

The report said Egypt implemented 32 projects inside the group's member states as a whole.

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.

UK contributes by $5.4B to Egypt's FDI

Thu, 12 Nov 2020 - 02:36 GMT

Maghawry clarified that most of the UK’s investments are concentrated in the industrial sector, especially in oil and gas.