At a press conference on February 1, the Prime Minister Mostafa Madbouly said that the Egyptian government is looking forward to announcing the detailed plan to list around 20 companies on the Egyptian Stock Exchange (EGX) this year.

Foreign investors inject at least 80% of their money into expanding existing businesses according to data collected and revealed by Madbouly. According to him, foreign investors are eager to ensure the success of any entity in which they invest and look forward to its growth and expansion to make more profits. Furthermore, Madbouly noted that the share of returns from foreign investments is reinvested in Egypt. He pointed out that the Council of Ministers approved the issuance of 4 new gold licenses, under which the General Authority for Investment and Free Zones ( GAFI ) will engage related procedures.