{"id":641988,"date":"2017-08-03T03:54:02","date_gmt":"2017-08-03T03:54:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/"},"modified":"2017-08-03T03:54:02","modified_gmt":"2017-08-03T03:54:02","slug":"egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/","title":{"rendered":"Egypt may see FDI inflows exceeding the USD 10 bn target for this year,"},"content":{"rendered":"

<\/a> Egypt may see FDI inflows exceeding its USD 10 bn target for this year<\/strong>, Investment Minister Sahar Nasr told Bloomberg<\/a>. Nasr says she was approached by investors from Saudi Arabia, Singapore, China, and the UAE, all of whom are reportedly interested in opportunities here. \u201cEgypt sure has an edge,\u201d Nasr says, as after the EGP devaluation, \u201cthe cost of labor \u2014 blue or white collar \u2014 is lower than elsewhere.\u201d The drive to attract investment will be helped with new investment act, which Nasr says, cuts red tape and is a \u201csignificant signal from the highest political level that, yes, Egypt is open for business.\u201d Nasr also says she does not believe that the high-interest rate environment is hampering business.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt may see FDI inflows exceeding its USD 10 bn target for this year, Investment Minister Sahar Nasr told Bloomberg. Nasr says she was approached by investors from Saudi Arabia, Singapore, China, and the UAE, all of whom are reportedly interested in opportunities here. \u201cEgypt sure has an edge,\u201d Nasr says, as after the EGP […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641988","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d09f520d-4f67-4b03-a086-e0b593290e9b","order":"0","is_powered_by":true,"section_story_id":"c2f9570b-5d75-4c75-bf58-883b2e1e57ba","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641981],"teaser":"","voice_url":""},"yoast_head":"\nEgypt may see FDI inflows exceeding the USD 10 bn target for this year, - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt may see FDI inflows exceeding the USD 10 bn target for this year,\" \/>\n<meta property=\"og:description\" content=\"Egypt may see FDI inflows exceeding its USD 10 bn target for this year, Investment Minister Sahar Nasr told Bloomberg. Nasr says she was approached by investors from Saudi Arabia, Singapore, China, and the UAE, all of whom are reportedly interested in opportunities here. \u201cEgypt sure has an edge,\u201d Nasr says, as after the EGP […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-03T03:54:02+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt may see FDI inflows exceeding the USD 10 bn target for this year,\",\"datePublished\":\"2017-08-03T03:54:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\",\"name\":\"Egypt may see FDI inflows exceeding the USD 10 bn target for this year, - 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Official figures releasedearlier this month showed that fresh foreign direct investment (FDI) had fallen to USD 2.84 bn in 1H2018-19 from USD 3.76 bn in the same period a year before, putting us on\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621601,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/egypt-targeting-usd-11-2-bn-in-foreign-investments-by-2022\/","url_meta":{"origin":641988,"position":1},"title":"Egypt targeting USD 11.2 bn in foreign investments by 2022","author":"enterpriseam admin","date":"13 November 2018","format":false,"excerpt":"Egypt sees foreign direct investment at USD 11.2 bn in 2022, with inflows into renewable energy opportunities contributing c. 12% of that total, Investment Minister Sahar Nasr said, according to Al Mal. Egypt fell short of its annual USD 10 bn target in each of 2016 and 2017, but still\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642065,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/","url_meta":{"origin":641988,"position":2},"title":"FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr","author":"enterpriseam admin","date":"6 August 2017","format":false,"excerpt":"Foreign direct investment in FY2016-17 is expected to ring at around USD 8.7 bn, climbing 26% y-o-y over the previous fiscal year, said Investment and International Cooperation Minister Sahar Nasr (pdf) on Friday. Total investments for FY2016-17 came in at EGP 502 bn, up 28% y-o-y. Nasr reiterated last week\u2019s\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626619,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/","url_meta":{"origin":641988,"position":3},"title":"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr: Egypt is repositioning itself \u201cas a global investment destination\u201d through its ongoing reform program, including \u201ccomprehensive improvements\u201d to the country\u2019s business climate, Investment and International Cooperation Minister Sahar Nasr said in an interview with CNBC. Nasr highlighted efforts\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/7\/32.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634803,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/","url_meta":{"origin":641988,"position":4},"title":"Sugar project the largest non-oil FDI since EGP float -Nasr","author":"enterpriseam admin","date":"24 January 2018","format":false,"excerpt":"Al Ghurair Group\u2019s vertically integrated sugar plant in Egypt is the biggest non-oil foreign direct investment transaction in Egypt since the EGP float, Investment Minister Sahar Nasr told Bloomberg. Al Ghurair will put in USD 333 mn of the USD 1 bn project and then will raise its stake to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630604,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/investment-ministry-looks-to-boost-non-oil-fdi\/","url_meta":{"origin":641988,"position":5},"title":"Investment Ministry looks to boost non-oil FDI","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"Nasr tells Bloomberg that boosting non-oil FDI will be priority going forward: Investment Minister Sahar Nasr said the focus of the investment side of the economic reform program would be to spur non-oil investment. 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