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FDI

Egypt aims to attract European direct investments exceeding $2B in 2024

Furthermore, the source underscored Egypt’s goal of escalating exports to EU countries by 10% before the close of 2024, aiming to reach €12.5 billion, up from €11.5 billion.

Egypt aims to increase foreign direct investment by 15% in FY2024/25

GAFI CEO Hossam Heiba noted that the first half of FY2023/24 saw $6 billion in FDI, with the Ras El-Hekma deal expected to further contribute to the year's total.

Egypt's Ras El Hekma Project: Catalyst for Unprecedented Development, Says Former Official

Former official highlights Ras El Hekma project's role as a game-changer in Egypt's development landscape.

GAFI & HSBC sign MoU to attract foreign direct investments

According to the MoU, GAFI will provide HSBC Egypt with information regarding investment opportunities in Egypt which include the targeted, priority sectors in line with the government’s plan