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More Emirati investments coming for the North Coast?
Al Habtoor also confirmed that he intends to set up one to two schools in Cairo.
Investors turn more bullish on Egypt’s economy as proceeds from Ras El Hekma sale enter state coffers
Egypt received USD 10 bn from Ras El Hekma sale over the weekend in addition to USD 520 mn from…
The Ras El Hekma sale was top of the agenda on last night’s talk shows
The agreement is “unlike any other,” Naguib Sawiris said during a phone call with Hadrat el Mowaten’s Sayed Ali
Foreign direct investment in China hits lowest level since 1993
China’s crackdown on sharing information with int’l consultancies is partly to blame for driving investors away
Egypt could retain 20% in Ras El Hekma following sale to Gulf investor
The cabinet is currently reviewing “investment offers for important projects that are expected to generate huge resources of foreign currency”
Devaluation, the IMF package, and Ras El Hekma: Here’s what you need to know this morning
There’s a lot of chatter, but nothing concrete on any of those fronts
Egyptian-British JV to set up animal feed factories worth USD 30 mn
The first of the four factories is slated to come online in two months
Gov’t unveils six-year strategy to triple FX receipts. PLUS: IMF sees USD trading at 36.83 against EGP through 2028
The government aims to ramp up its foreign exchange inflows to around USD 300 bn a year by 2030
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