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FINANCIAL NEWS
Egypt aims to enhance foreign direct investment
07 Aug 2016
(MENAFN) Egypt plans to boost foreign direct investment (FDI), while there is still room for more improvements.
Moreover, the law permits for some procedures to be applied via a single government agency, and introduces a number of fiscal amendments.
Accordingly, the country was one of the main five destinations for inbound FDI in Africa, receiving USD6.9b in 2015, an increase of almost 50 percent from 2014.
On the other hand, Russia’s ministry of trade proclaimed that a number of Russian firms aimed to invest USD4.6bn in a new industrial park in east Port.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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