www. An economic expert calls on the Central Bank to open accounts for Arab investors without restricting the place of residence - parliamentary 15/6/2017.net/news/2017/06/15/11215488/articles/25537075/خبير-اقتصادى-يطالب-البنك-المركزى-بفتح-حسابات......An economic expert calls on the Central Bank to open accounts for Arab investors without restricting the place of residence - parliamentary
15/6/2017
Dr. Wael Al-Nahhas, Capital Markets Expert, said that the decision of the Central Bank to lift the restrictions on the transfer of foreign exchange abroad is a positive step and sends a positive message to investors abroad.
"There are some investors who have described their business in Egypt for the past few years, and they have not been able to withdraw money because of the limits of withdrawal and the transfer of cash abroad," he said in a statement to parliament. To keep their money in deposits in Egyptian banks, which means the possibility of transferring their money after the decision of the Central Bank.
"The decision must have the potential for actual implementation, and investors should already touch it in Egypt, and the decision is very good and excellent to attract investment from abroad," he said.