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FINANCIAL NEWS
Egypt South Sinai to attract EGP150b in FDI
10 Aug 2016
(MENAFN) Egypt South Sinai is planning to attract foreign investors, with value of EGP150bn in sectors, such as hospitality, industrial, agriculture and fishing.
Moreover, Egypt met a group of investors from Abu Dhabi Chamber of Commerce, to discuss investment chances and ways of attracting UAE investors to Egypt.
On the other hand, among the investment chances in tourism the delegation will showcase EGP 100bn in a new city developed by 25 square meters.
In addition, this plans will attract investment in order to enhance South Sinai are in line with Egypt’s targets to make 320.000 job chances in the governorate by 2030.
More News
17 Sep 2025
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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