According to the president of the Egypt Internal Trade Development Authority, the country accounts for 15% of foreign investment in the continent. Ibrahim Ashmawy announced several new improvements for the Egyptian trade sector, such as a commodity exchange, strategic inventory expansion, and e-commerce platforms.
Browsing: foreign investments
Ricardo Amorim, host of Manhattan Connection, gave a lecture to Arab Brazilian Chamber associates this Thursday. He has good expectations regarding foreign investments and Brazilian economic growth.
The president issued a decree that establishes a foreign investment department within the Ministry of Finance. The country is getting ready to open up some sectors to 100% foreign ownership this year.
The country received USD 431 million in the year’s first six months. The energy sector was the main destination, followed by the industry sector.