An Indian business delegation discussed investment prospects with Federation of Egyptian Industries’ (FEI) boss Mohamed Elsewedy yesterday, Youm7 reports. The delegation included investors in the fields of textile, petrochemicals, motorbike manufacturing, electronics, locomotives, shipbuilding, railway, and food production. Company representatives also sat down with Prime Minister Sherif Ismail to discuss their potential investments in the country, according to a statement from the Ismail cabinet.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…