FDI

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.

Egypt top destination for FDI in Arab world during 2015-2020

Tue, 04 Aug 2020 - 12:15 GMT

The country accounted for 35.2 percent of the $340 billion invested in the region throughout the period.

Cabinet: FDI Intelligence upgrades Egypt position on map of foreign investments

Mon, 27 Jul 2020 - 01:51 GMT

Egypt is exerting efforts to create an investment-friendly climate and outline legislation in this regard, it added.

Egypt largest recipient of FDI in Africa for 2019 by $9B: UNCTAD

Sun, 28 Jun 2020 - 03:17 GMT

The report noted that the economic reforms undertaken by the Egyptian government have improved macroeconomic stability and boosted investor confidence in the country.

Egypt's balance of payment records surplus of $410.9M in H1 of 2019/20

Mon, 30 Mar 2020 - 06:07 GMT

The current account deficit retreated by $ 684.4 million or 13 percent, to register $4.6 billion.

Egypt tops host economies in Africa with $6.8B inflows: UNCTAD

Tue, 02 Jul 2019 - 11:18 GMT

“Egypt remained the largest FDI recipient in Africa in 2018, although inflows decreased by 8 percent to $6.8 billion,” UNCTAD stated in a report.

Egypt is moving forward to improve business environment: Min.

Tue, 16 Apr 2019 - 04:10 GMT

Egypt is moving forward with comprehensive institutional and legal reforms to improve the business environment, Minister of Investment Sahar Nasr told Bloomberg.

Significant figures of Egypt’s economy in IMF’s report

Mon, 08 Apr 2019 - 08:38 GMT

Egypt Today reviews the most significant figures in the IMF’s report.

Pharos sees Egypt on the recovery road

Thu, 10 Jan 2019 - 09:07 GMT

Pharos Holding expected Egypt to achieve a pickup in economic activity over the next five years.

Egypt's Economy to Grow 6% in 2019: Beltone Financial Services Head

Fri, 04 Jan 2019 - 12:34 GMT

The expert stated that Foreign Direct Investment’s (FDI) level has been good and that interest rates are expected to decrease.

Egypt’s share of global FDI increases compared to 2017: GAFI

Thu, 25 Oct 2018 - 10:18 GMT

GAFI added that private investments hiked 47 percent, to reach LE 316 billion, compared to LE 213 billion during 2017.

Foreign retail chain to invest LE10B in Egypt

Tue, 09 Oct 2018 - 02:32 GMT

The deal was made with the Ministry of Supply and Internal Trade.

Net FDI amounts to $1.9B in Q2 of 2017/2018

Sun, 03 Jun 2018 - 01:32 GMT

The total internal inflows reached $3.4 billion compared to $3.9 billion during the same period of last year.

Foreign direct investment rose 14.5% in 2016/17: Min

Thu, 01 Mar 2018 - 03:34 GMT

The ministry issued the 2017 annual report entitled "Investment in development" which tackles the ministry's achievements attained during last year.

Net FDI inflows down $300M in Q1 FY 2017/18

Wed, 20 Dec 2017 - 12:14 GMT

The inflows of net FDI stood at $1.6 billion in the first quarter of the current fiscal year.

Egypt's FDI records $3B in Q1 FY 2017/18

Sun, 10 Dec 2017 - 12:39 GMT

Around 84 percent of FDI in Q1 were directed to the petroleum sector, according to the CBE.

Egypt ranked Africa’s top investment destination

Wed, 20 Sep 2017 - 04:30 GMT

Egypt surpassed South Africa for the first time as Africa’s most attractive investment destination in Rand Merchant Bank's annual report.

Egypt to issue $3-4B eurobonds in Q1 of 2018: Garhy

Mon, 18 Sep 2017 - 02:58 GMT

The sale is a part of the government's plan to bridge fiscal gap at $10-12 billion in FY2017/18.

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