Egyptians smile for a photo as they buy fruits from a street vendor at a market in the Menufiya province north of Cairo on February 22, 2018.
While Sisi's re-election in March seems certain, Egypt is still facing a serious economic crisis, which the country plunged into after the 2011 revolution. / AFP PHOTO / MOHAMED EL-SHAHED (Photo credit should read MOHAMED EL-SHAHED/AFP via Getty Images)
Le Caire a obtenu 22 milliards de dollars des Émirats arabes unis, du Qatar et de l’Arabie saoudite pour couvrir le déficit du compte courant de l’Égypte.
The Abu Dhabi Developmental Holding, a sovereign wealth fund based in the capital of the United Arab Emirates (UAE), announced March 23 its intention to invest $2 billion in Egypt through the purchase of stakes in a number of state-owned companies, Asharq Business reported. Approximately half of this amount, the news site noted, will be used to acquire about 18% of Commercial International Bank, while the remainder will be invested in companies in sectors such as fertilizers and port services. LINK TO ARTICLE
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The Abu Dhabi Developmental Holding, a sovereign wealth fund based in the capital of the United Arab Emirates (UAE), announced March 23 its intention to invest $2 billion in Egypt through the purchase of stakes in a number of state-owned companies, Asharq Business reported. Approximately half of this amount, the news site noted, will be used to acquire about 18% of Commercial International Bank, while the remainder will be invested in companies in sectors such as fertilizers and port services. LINK TO ARTICLE