Foreign investment in Egyptian securities reach $15bn - Minister

Cairo – Mubasher: The value of foreign buying and investment in government securities rose to $15 billion since the flotation of the Egyptian pound, Egypt's minister of finance Amr El-Garhy said in a statement on Thursday.

Foreign investments in securities was less than $1 billion in November 2016, El-Gharhy added.

The minister briefed the representatives of Moody's Corporation on the main elements and the economic and financial objectives of the Egyptian economic reform programme.

From 7 to 9 August 2017, a delegation from Moody’s had visited Egypt as part of the economy's annual credit rating review.

Mubasher Contribution Time: 10-Aug-2017 11:52 (GMT)
Mubasher Last Update Time: 10-Aug-2017 11:56 (GMT)