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FINANCIAL NEWS
Egypt to attract USD10b worth of foreign investment
27 Sep 2016
(MENAFN) Egypt aims to attract USD10b in foreign direct investment (FDI) by 2017 and will automate the process of establishing a firm to revive the economy of the country.
Accordingly, Egypt drew more than USD6.8bn in FDI in the 2015-2016 years and hoped for USD10bn in 2016-17 after huge upgrades to ageing road.
The country approved a long-awaited draft law on investment last year aimed at making deals less weak to legal disputes or changes in government.
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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