CI Capital arranged one-on-one investor meetings for the Egyptian Finance Minister Amr El-Garhy in London on 26 April. Several meetings were held and attended by El-Garhy, alongside global fund managers who manage assets totalling $3.7tn. CI Capital stated that the positive outlook of investors on Egypt was strengthened by the economic reforms currently undertaken, illustrating the country’s economic potential. During the meetings, the minister also discussed, at length, the current issues that Egypt is facing, which included inflation and means to expedite growth and employment opportunities. The bank noted that the overall sentiment towards Egypt among investors and fund managers was promising.
Source: Daily News Egypt April 30, 2017 11:48 UTC