El Sisi sends clear message on investment: Separately, President Abdel Fattah El Sisi told the investors this week that Egypt is now more than ever committed to sweeping away obstacles to investment, EFG Hermes said in a statement (pdf) wrapping its three-day Egypt Day conference in Cairo. Fund and portfolio managers with aggregate AUM north of USD 10 tn met with state officials and senior executives over thelast several days. In addition to El Sisi, some 39 fund and portfolio managers from the US, UK, Germany, South Africa, and the GCC also met with Finance Minister Amr El Garhy, Central Bank Governor Tarek Amer, and other members of cabinet. Investors also held sit-downs with CEOs from a number of the nation’s leading companies in sectors including banking, real estate, construction, manufacturing, and food.

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