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Haytham Adel

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Egypt: Foreign Investments Increase Due to $5.2 Billion Agreement with IMF
June 24th, 2020 - 08:30 GMT

Egypt: Foreign Investments Increase Due to $5.2 Billion Agreement with IMF

Investments by international funds and foreign investors in the Egyptian market has increased in recent weeks due to the $5.2 billion agreement Cairo signed with the International Monetary Fund (IMF) in June. The IMF’s Executive Board is expected to consider the agreement on Friday, amid expectations that it would allow investors to have more confidence in the Egyptian economy and its central bank’s good management of monetary policies. According to ...
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