Central Bank of Egypt Governor Hassan Abdalla met Ari Naim, the International Finance Corporation’s director for North Africa and the Horn of Africa, to discuss expanding cooperation in support of Egypt’s economy. The talks focused on infrastructure development, greater private sector investment and participation in strategic projects, and the corporation’s prospective role in Egypt’s public offerings program. The potential support includes helping mobilize international capital and attract more foreign investment to the Egyptian market. Both sides also discussed creating conditions for private sector led growth and expanding investment opportunities.
Central Bank of Egypt and International Finance Corporation discuss infrastructure, private investment and public offerings support
The Central Bank of Egypt and the International Finance Corporation discussed increased support for infrastructure and private sector participation in strategic projects. The talks also covered the corporation’s prospective role in Egypt’s public offerings program, including mobilizing international capital and attracting foreign investment.