Nasr, Maait drum up British investments in Egypt during UK doorknock mission: Investment Minister Sahar Nasr and Finance Minister Mohamed Maait called on British companies to ramp up their investments in Egypt during the UK doorknock mission in London last Friday. The mission, which was organized by the British Egyptian Business Association, saw Nasr sit down with European Bank for Reconstruction (EBRD) Chief Risk Officer Betsy Nelson to discuss boosting cooperation in renewables and transportation projects in Egypt, according to a ministry statement. Maait also gave investors a rundown of Egypt’s reform efforts and improved macro indicators, as well as recently enacted legislation designed to encourage investments in the country, his ministry said.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…