Tuesday, December 24, 2024

Ventage Point

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The Egyptian Economy is moving forward towards development. Active work is being done by Government to confront the rising prices, provide sufficient supply of Gas to Industries, a solution to the un-reasonable increase of Dollar verses the Egyptian pound, the Central Bank further announced an average of 1.7 – 1.8 Trillion pounds in time deposits, the Government provided various venues for funding young entrepreneurs projects, A New City is being planned, along with Industrial Zones, Al-Zahr Gas field is expected to start pumping in 2017, booking on the Suez Canal Channel is on the rise, stock Market is recovering, Tourism statistics reflect an increase over last year’s statistics, a 4.6% growth rate and multiple projects under serious study & review. The above reflects a forecast of an active environment ripe for investors projects which is currently reflected through the big market players who are trying to set a foot some where within this growing economy.

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