Latest in Tag: foreign investors Highlight
Latest in Tag: foreign investors

Foreign investors pump $970m into Egyptian market in 2 weeks: CBE
Investments include long-term bonds, treasury bills

GAFI facilitates residency application procedures for foreign investors
The move comes as part of the authority’s efforts to improve the investment climate and encourage more foreign direct investment to Egypt.

Egypt shares to test move upwards as foreign investors likely to inject cash-ins
Benchmark EGX30 index levelled up 677 points, or 4.79% in Feb to 14,803 points

No worring signs regarding cancellation of foreign investors mechanism’s repatriation
40% of investors relied on interbank last year

Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism
Decision planned since flotation in November 2016, we aim to direct investment funds money directly to market: Amer

Egypt has always been a strategic choice for foreign investors: president, CEO of Lava Technology
Company aims at occupying leading place in Egyptian market mobile industry by 2020

Egypt shares to test historical peaks as foreign investors likely to inject cash-ins
Benchmark index EGX30 rose 0.81% in a week; closes at 15,443.18 points

MIGA sees increased interest from foreign investors in Egypt this fiscal year: Keiko Honda
Agency looking to support projects in Egypt for domestic, export markets, says the MIGA CEO

Egypt shares likely to keep rally alive as foreign investors build new positions
EGX 30 surges 1.87% in week buoyed by foreign and Arab purchases

Egypt shares almost flat in week as foreign investors book gains
EGX30 index ticks up 0.22%, or 30.8 points, to close at 14,350.14 poin

One year after Egypt floated its currency, foreign investors are back to local stock market
EGX30 sours 63% in a year as cheap stocks attract attention from foreign funds

Will Egyptian bonds remain attractive to foreign investors in a low interest rate environment?
Central Bank gets ready to abort its tightening cycle as inflation eases

Egypt shares resume rally in a week as foreign investors buy
EGX30 gains 1.32% buoyed by blue-chips performance

Foreigners’ investments in Egyptian treasury bills reach EGP 145.8bn following pound’s flotation
Foreign investors’ bids for treasury bills registered EGP 2.8bn on Tuesday, while the interest rate continues to decline

World’s deepest devaluation tempts foreigners back to Egyptian markets
Renaissance Capital calls Egypt “haventrade”

Repatriation of profits for foreign investors to resume soon: CBE governor
The banking system was able to secure inflows of $7.5-8bn since the flotation of the Egyptian pound

Pound flotation attracts foreign investors to EGX
Heads of financial institutions contend that these funds are high-risk

Foreign investors must regain trust in business environment if they are to return: EGX chairperson
Facing potential risks from reform decisions is better than remaining in the abyss, says Omran

Foreign investors conclude project agreements on EGP 12-13 dollar rate
Foreign companies seeking to invest in Egypt traded based on prices that reflect their vision of the pound; these estimations are met with acceptance by local partners, say investment managers and research departments

Foreign investors register net purchases of EGP 2.137bn on EGX over 3 months
EFSA receives 103 new complaints against financial supervisory agencies and solves 106 complaints over five months

Foreign investors record EGP 402m net sales in EGX during Q1 of 2016
The report showed that Egyptian investors acquired 86.25% of total trading, compared to 7.8% acquired by foreign investors, and 5.94% by Arab investors

Foreign investors retreat from EGX selling EGP 744.5m in stocks
Foreign investors have sold EGP 744.54m in shares since the beginning of 2016

EGX-30 to range between 5,850 points and 6,150 points: Capital market analyst
Total value of traded securities recorded EGP 2.8bn, an official report issued by the EGX read

Entrepreneurship trounces economic crises, draws attention of foreign investors in 2015
Fawry’s acquisition deal is the biggest; Yaoota, Wuzzuf give hope to startups

Foreign investors: Between liquefying stock portfolios and awaiting ‘Amer’s manoeuvre’
Initial results indicate that foreigners are intensifying sales to make a profit margin from transferring their money abroad in dollars

UK pledges billions for nuclear plant
The British Chancellor has announced billions in government backing for the controversial Hinkley Point nuclear station. The announcement came during a trip to China, during which he sought to court Asian investors. British finance minister George Osborne on Monday sought to win over foreign investors, as he pledged £2 billion (2.75 billion euros, $3.11 billion) …

EGX-listed companies, high capital long-term projects most appealing to foreign investors: OBG official
Economic Summit’s success was in impression and image it conveyed, Tashima said
Tourism minister denies offering Egyptian citizenship for sale to foreign investors
Hisham Zaazou says that if security, judicial and economic authorities approved the project, it can be sent to the cabinet for ratification
Egypt economic growth to remain slow: IMF
AFP – Growth in Egypt’s economy is expected to remain sluggish this year as political uncertainty keeps tourists and foreign investors away, the International Monetary Fund said Tuesday. The economy of the Arab world’s most populated country was forecast to grow by 2.7% this year after expanding by 2.1% in 2013, the IMF said in …