70 Days
Source:
المصري اليوم
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Investment Minister explores BNY market access
The article focused on the efforts of the Egyptian Ministry of Investment to broaden access to global financial markets through the promotion of International Depositary Receipts (GDRs). Minister Mohamed Fared held a meeting with leaders from Bank of New York in Cairo to follow up on previous discussions in London regarding international financing tools, aiming to connect Egyptian companies with foreign investors and diversify sources of funding. The meetings emphasized the development of financing instruments and supporting the expansion and growth of Egyptian companies, with a particular focus on strengthening cooperation with Bank of New York to leverage its expertise in international capital markets. This comes amid increased activity in public offerings and global fundraising efforts, creating greater opportunities to attract foreign investments and expand the presence of Egyptian companies in international markets.
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