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Finance minister meets with $280bn investment fund leaders to discuss further opportunities

Finance Minister Amr El-Garhy is scheduled to meet  on Thursday with leading investment fund leaders with total assets under management of $280bn discuss with them further opportunities, according to a press release. El-Garhy, who is in Washington, D.C, will attend annual meetings of the IMF and the World Bank and will discuss Egypt’s latest macroeconomic developments …

Daily News Egypt

Reconciliation with businessmen is a bitter yet vital medicine

For the first few months following the revolution, I welcomed the calls for reconciliation with figures of the former era in a way that ensures a continuous flow of funds for projects and investments, and a preservation of the state’s right to the funds obtained in twisted ways. All of this would create a climate …

Hany Aboul Fotouh

Egypt, EIB sign declaration of intent to finance developmental projects: International Cooperation Minister

By Mohamed Ayyad During the Economic Summit in mid-March, Egypt signed a declaration of intent with the European Investment Bank (EIB),  to finance developmentprojects, said Minister of International Cooperation Nagla Al-Ahwani in a statement Sunday. The declaration with EIB included many sectors in which the bank is willing to fund in the period between 2015-2017. …

Mohamed Ayyad