Fundamentals of Egyptian market able to attract new investments on medium-, long-term
Exchange rate crisis, dilapidated legislation are main obstacles to investment in Egypt
Shaimaa Turkey
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Dollar crisis, Egyptian pound’s devaluation the best thing to happen in Egypt in past 3 years: Elsewedy Electric managing director
Despite the decline in the value of the Egyptian pound against the US dollar in 2016 and the inflation rate reaching unprecedented levels, managing director of Elsewedy Electric Company, Ahmed Elsewedy, believes that this is the best thing that happened in Egypt throughout the past three years. In his interview with Daily News Egypt, Elsewedy …
TMG to invest EGP 2.5bn in Madinaty, Rehab, Four Seasons in second half of 2016: executive vice president
41% sales of Madinaty housing units and infrastructure is fully complete