The new target is significantly lower than the program’s previous successes, with the program securing around $5.6 billion between April 2022 and the end of last year.
Maait elaborated that allowing the private sector to lead in the economy is to Egypt’s benefit as almost 1 million young people come to the Egyptian labor market looking for jobs every year and the government cannot create can only offer around 100,000 new jobs
KFH Group submitted a non-binding offer to obtain the data required for the assessment for United Bank on which basis final offer was not presented
The meeting reviewed the offers submitted by several international and Egyptian companies, and the advantages of each offer were listed
Ayman Soliman stated that the three funds come to take advantage of the investment opportunities available in the Egyptian market and attract more investments.
