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Foreign Investment

Interest in Egypt’s treasury bills spike, foreign investments jump 140% in March compared to Feb.

Foreign investments in Egyptian treasury bills surged in March by around 140%, rising to $32.7 billion compared to $13.6 billion recorded in February, revealed new data from the Central Bank of Egypt (CBE)

World Bank affirms Egyptian growth forecast for FY2024/2025 at 4.2% amid increased investments

The report noted that private consumption in Egypt is estimated to climb as inflation continues its downward trend and increased remittances from abroad

StanChart’s Carla Slim on Egypt’s economic recovery, possible GCC large-ticket investments, and inflation

“We think that it will take 2 years to get back to the levels of about 4.5%... instead of the government spending that we were used to, [this will be driven by] private investments, specifically for renewable projects,” Slim explained

Egypt to reveal a wealth of investment opportunities in upcoming EU-Egypt conference | PM

The PM emphasized the government's strategy to foster transparency, implement clear economic policies, and establish a stable legislative framework to attract more investors to the local market

Egypt and Italy begin negotiations for 4th phase of debt swap program | MoICMin

The Italian government is taking a keen interest in supporting the sectors targeted by Egypt’s Nexus of Water, Food and Energy (NWFE) Program, Italian Ambassador to Cairo, Michele Quaroni shared.