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Supervisor
Elham AbolFateh
AR
Wednesday 20 September 2017

Egypt

Expert: Egypt 's investments to increase by 2018

Tuesday 12/September/2017 - 01:49 PM
Sada El Balad
Rehab Sayed

Dr. Mustapha Badra، Professor of Finance and Investment، said that there will be a demand for investment in Egypt by the beginning of 2018.
He noted that China، which is the largest investor in the world، is looking for opportunities in all countries، especially the African continent.

"China is seeking to consolidate its relations with all African countries، especially Egypt، because Egypt has the Suez Canal axis and the Silk Road، ،" Badra said in a televised interview to "8 Morning" program on Dmc channel Tuesday.

China is trying to secure its trade by investing heavily in the African continent، and to consolidate economic ties. It established a military base in Djibouti، south of the Red Sea، and invited Egypt for the first time to BRICS summit, the finance and investment professor said.

"the Summit includes half of the world's population and opens up a great deal of space for Egypt to achieve development". he added

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