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.
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.
IMF and Egypt reach staff-level agreement on crucial policy reforms.
Former official highlights Ras El Hekma project's role as a game-changer in Egypt's development landscape.
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