President El Sisi sends reassuring message to investors in upcoming Oxford Business Group report: The success of Egypt’s economic reform program still requires a number of important structural and policy changes, at the head of which is the long-awaited Investment Act, President Abdel Fattah El Sisi reportedly told the Oxford Business Group in an interview set to be published before the end of 1Q2017. From the brief excerpt which ran in AMAY, President El Sisi’s interview appears to directly address the concerns of the business community, as he reassured them that Egypt is doing its best by way of investment policy initiatives and legislation to improve the investment climate and earn their trust once again. He points to Egypt’s improving metrics and stability on the political front as signs that Egypt is ready for more foreign direct investments. The interview will be a part of a report which will survey the government’s reform measures and their impact on the investment climate, written in collaboration with the American Chambers of Commerce and Egypt’s General Authority for Free Trade Zones and Investments.
More from Enterprise
CIB CEO Hisham Ezz Al Arab on why Egypt is ready to welcome digital-native banks
“Egypt is at the brink of an inflection point with…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and…