Beltone Egypt's investor Confidence Index up 9%
President Abdel Fattah El Sisi
Cairo - MENA
Beltone Financial Research announced, in its weekly confidence monitor report, a substantial nine percent increase in the investor confidence in Egypt to 68.2 points for the past week.
Beltone said that the confidence increase was driven mostly by the recent visit of President Abdel Fattah El Sisi to China and the ratification of the electoral constituencies law.
It added that upgrading Egypt's credit rating to "B" by Fitch Ratings has increased the investor confidence.
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