Standard Chartered: Egypt to receive US$6 Billion from Qatar and Kuwait before end of 2025 - Egypt Independent
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Standard Chartered: Egypt to receive US$6 Billion from Qatar and Kuwait before end of 2025 - Egypt Independent
The Standard Chartered Bank said that the Egyptian economy will remain strong, with macroeconomic stability despite rapid global shifts – particularly in the United States, China, and the Eurozone. In a report titled “Global Focus – Economic Outlook for the Second Half of 2025”, the bank explained that this outlook is fueled by strong foreign exchange inflows from portfolio investments and official sectors, increasing confidence in the Egyptian …
Standard Chartered Report Cites Foreign Investments As Driver Of Egypt’s Economic Growth
Standard Chartered has estimated that at least 50% of the investment pledges made to Egypt from Qatar and Kuwait, totalling $12.5 billion, could be disbursed by the end of this year. Egypt’s economy has been performing well, driven by foreign investment and favourable policy reforms, which have helped it withstand the global economic upheavals, said Standard Chartered in its latest report. According to the bank’s Global Focus – Economic Outlook…
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