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Foreign Investment

Fresh $131M AfDB loan to support Egypt’s commitment to boosting business climate

The new loan - aka Private Sector Development and Economic Diversification Support Program, Phase 1 - will “promote private sector development and economic diversification,” AfDB explained in a statement

SCZONE to raise $3.9B in foreign investments in FY23/24

Saad also added that the SCZONE attracted investments worth $1.3 billion in the first four months of the current FY23/24

EIB inaugurates new regional HQ in Cairo to foster co-op between MENA and EU partners

The EIB’s choice to establish its new headquarters in Egypt reflects its confidence in the robust relations between the country and its EU partners

Egypt aims to further diversify financing sources, incl. new FX and green bonds | FinMin

Egypt is looking to further diversify and aims to issue additional green, sustainable, and low-cost financing packages to provide financing for state projects to improve citizen's lives

Saudi companies to ink up to $1.5 billion in agreements during Saudi-Egyptian business forum

A Saudi delegation, led by Saudi Trade Minister Majid bin Abdullah Al Qasabi, will arrive tomorrow for the forum to facilitate investments and trade opportunities between the two countries