BlackRock mulling expanding investments in Egypt

CAIRO, July 12 (MENA) – Gordon Fraser, BlackRock Managing Director, lauded the structural reform program implemented by the Egyptian government.

He said this has encouraged the company to mull boosting investments in Egypt.

He made the remarks during a meeting with Prime Minister Moustafa Madbouly.

The meeting attended by BlackRock officials was meant to explore available investment opportunities in Egypt.

Madbouli voiced appreciation for the BlackRock delegation’s visit to Egypt, stressing that it is an important visit to boost economic cooperation in the coming period. (MENA)


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