Tag Archives: Foreign Investment

UAE to continue political, economic support to #Egypt after poll -report

Cairo – The United Arab Emirates will continue its political and economic support for Egypt after a presidential election next week that is expected to be won by former army chief Abdel Fattah al-Sisi, Egypt’s state news agency reported on … Continue reading

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World Bank chief says hopes to continue #Egypt programs

The World Bank hopes to continue its programs in Egypt following the military ousting of the country’s first democratically elected leader, bank president Jim Yong Kim said to reporters on Thursday during a visit in Chile. The bank, which Kim … Continue reading

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IMF loan does not mean return of foreign investment, experts say

Egypt’s leaders continued negotiations with an IMF delegation for a US$4.8 billion loan this week, sorting out the details of a large-scale economic reform program aimed at reducing the country’s growing deficit. The loan, which has been hailed as the … Continue reading

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