Investment in Egypt opens door to exports to various regions: PM

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Wed, 16 Oct 2019 - 03:03 GMT

Prime Minister Mostafa Madbouli - Press Photo

Prime Minister Mostafa Madbouli - Press Photo

WASHINGTON - 16 October 2019: Prime Minister Mostafa Madbouli said the Egyptian market is a promising one and investment in Egypt allows for exports to various regions through the free trade agreements between Egypt and world countries.

During a working lunch hosted by the American-Arab Chamber of Commerce, on the sidelines of his current visit to the US, Madbouli expounded available investment opportunities in Egypt and the incentives it offers to investors as well as the economic achievements of the government particularly as regards reducing the total budget deficit, the decline in the inflation rate to its lowest level in years and the decrease in the unemployment rate.

The attendees included representatives of US and Arab companies operating in the United States and the Middle East, the Central Bank Governor and the ministers of investment and international cooperation, petroleum, finance, ICT, trade and industry and Egypt's ambassador to the US.

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