European corporate executives and fund managers hope to increase investments in Egypt

European execs, fund managers mull increase in Egyptian investments: There’s good appetite for Egypt among corporations and fund managers, whether that takes the form of strategic investment or inflows into T-bills and eurobonds, according to a Finance Ministry statement issued after Amr El Garhy met yesterday with investors from the UK, France, the Netherlands, Denmark, and Germany with combined AUM of more than USD 1 tn. Investors on the BNP Paribas roadshow reportedly expressed interest energy and infrastructure, the statement adds. BNP is considering organizing roadshows like this on an annual or semi-annual basis given strong appetite for Egypt these days, BNP Paribas senior banker Youssef Beshay told us.