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Egypt best African country to invest in for 3rd year in a row, says report
“I will continue previous Chinese ambassadors’ successes to promote bilateral relations with Egypt,” says Liqiang
FDIs likely to record $9.5bn in FY 2018/19
FDIs increased by 25% since the flotation, says senior economist at CI Capital
Foreign investments worth $10.8bn were injected into Egypt, $4.2bn outflow
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.
A decline in revenues from tourism, FDI, the Suez Canal and Egyptian exports continues to burden Egypt’s foreign reserves
Egyptian asset management, corporate finance and investment banking firm, Cairo Financial Holding (CHF), has raised its growth forecasts for Egypt’s GDP. The firm said that in the current fiscal year, GDP will be 3.7%, up from its 2.8% predictions in June 2014, as it noted increased foreign direct investment (FDI) and government measures towards bolstering …
The minister of investment discussed the Investment Law saying that its core change is what is called the “one-stop shop”.
Report criticises labour market and education system; describes them as structural weakness
Report cites poor health of manufacturing sector