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FINANCIAL NEWS
Egypt to invest USD 20bn for its 2030 vision implementation
23 May 2016
(MENAFN) The government plans to attract investments value USD 20bn in order to apply the country’s 2030 vision, like increasing GDP to 7 percent.
Furthermore, the government’s plan aims to depend basically on the private sector in terms of funding infrastructure investments.
Additionally, the method used to stimulate investment in the private sector involves establishing the sovereign fund “Amlak”, with a capital of USD 5bn.
Meanwhile, these investments will come from Saudi Arabia, the UAE, and Bahrain, Kuwait and the US as well as the regional market.
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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