Latest in Highlight
Egypt best African country to invest in for 3rd year in a row, says report
Madbouly stresses need to expedite financial payment dues to stimulate exports
The Daily News Egypt sat down for an interview with Heijmans, the transcript for which is below, lightly edited for clarity
Investment totaled $259.6 billion (€221.2 billion), with the figure representing the second year of decline after a peak in 2015 when foreign investors’ expenditure in the US hit $439.5 billion.
Egypt’s economic recovery is gaining ground, with investor interest rising, says OBG editor-in-cheif
Profit attracts foreign investors, high interest rate at 20% curbs investor expansions
Egypt received 26% of the foreign direct investment (FDI) inflows to Arab countries in 2016, worth $8.1bn, compared to $6.9bn in 2015, according to the Arab Investment and Export Credit Guarantee Corporation report 2017. The report said that the total FDI inflows to the Arab world amounted to $30.8bn in 2016, compared to $24.6bn in …
FDIs increased by 25% since the flotation, says senior economist at CI Capital
Gulf Cooperation Council states led the Arab world in terms of foreign direct investment (FDI) inflows during 2016, as stated by a report issued by Dhaman, the Kuwait-based Arab Investment and Export Credit Guarantee Corporation. The UAE topped the list with around $9bn, followed by Egypt and Saudi Arabia in second and third places respectively. …
The country attracted USD 8.1 billion as FDI in 2016
Egyptian government may need to engage more with ease of doing business reforms and provide reassurance regarding political risk, says the report
The report expected FDIs to flourish in 2017 on the back of major reforms
Foreign investments worth $10.8bn were injected into Egypt, $4.2bn outflow
Inflation eases to 29.7% in May, expected to remain high until Q4 2017
New branch to serve investment in Qena, reaching 1,881 companies, says Sahar Nasr
Parliament finished 78 articles of investment law, says MP
FDI to Egypt increased substantially, signaling that government policies to increase foreign investment may be working
China’s increasing domination of large scale manufacturing drives western nations to put up trade walls with the world’s biggest market
Effective governance is considered the cornerstone of attracting foreign direct investment
Egypt has recently been the subject of a number of deeply unflattering articles in the international business media. Many criticisms have been levelled at the actions, and inaction, of Cairo’s economic policy-makers. These criticisms have not made many friends in Egypt—so I do not propose to repeat them. I also think that, like much …
In the wake of the recent attack in Nice, the ongoing battle against Islamic State (IS) insurgency in Sinai and Sirte, and the feelings of shock, confusion, and uncertainty that ensue, we must raise the question: what is the real price of terrorism? The attack in Nice is the latest in a string …
The government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements. On 2July, President Abdel Fattah Al-Sisi announced he had accepted the government’s suggestion to establish a Higher Council for Investment, according to a press statement. …
Egypt ranked second in the list of top African countries with FDI growth
The FDI registered during Q3 (January – March 2016) reached $2.8bn, compared to $1.4bn during the first quarter, and $1.7bn in the second quarter.
The CBE said in a statement on Sunday that the net inflows to establish companies or increase capital of existing companies rose to $3.7bn from July 2015 to March 2016, compared to $2.8bn from July 2014 to March 2015.
UAE, Saudi Arabia, Egypt receive 63% of inward FDI to Arab countries: DHAMAN
India has announced a broad relaxation of foreign direct investment (FDI) rules in a number of key sectors, including aviation and defense. The move is part of an effort to open up the country’s economy.
Economic growth relies on Egypt renovating and developing its various economic sectors, with a focus on reviving tourism
Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance to operation, growth, says economic expert
Bilateral trade between Egypt and Australia in FY 2014/2015 recorded at $386m