Egypt, UAE to set up $20 billion joint investment platform

  • Date: 17-Nov-2019
  • Source: Banker Middle East
  • Sector:Economy
  • Country:Egypt
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Egypt, UAE to set up $20 billion joint investment platform

Egypt is pushing ahead with a sweeping economic programme that was kick-started in 2016 with the devaluation of the currency in order to secure a $12 billion International Monetary Fund (IMF) loan and attract foreign investment.