investment
That was during his visit to London, whose purpose was launching the UK-Egypt Association Council.
Chairman of the General Authority for Industrial Development Mohamed al-Zalat displayed Tuesday in a meeting with Prime Minister Mostafa Madbouli more details on the establishment of 13 industrial complexes nationwide.
President Abdel Fatah al-Sisi received Tuesday Minister of Industry and Advanced Technology Sultan al-Gaber.
The minister said Egypt has a distinct geological nature and many types of minerals, sources of energy, distinguished mining cadres, and the infrastructure including road and transport networks, airports and seaports overlooking two of the most important maritime trade routes globally.
His call came during a meeting on Sunday with a delegation of the Saudi Real Estate National Committee headed by Muhammad Abdullah Al Murshid.
Maait said that unprecedented major national and development projects that are being implemented nationwide provide promising investment opportunities.
The General Authority for Free Zones and Investment (GAFI) and the Saudi Ministry of Investment collaborated in setting a plan to ensure a long-term flow of Saudi investments into Egypt.
Maait expressed his country’s aspiration to transform Gulf deposits in Egypt into real investments that take advantage of the promising development opportunities available in various fields, and the business-stimulating environment.
The investment investments include facilitating the procedures for investors to obtain the lands needed to implement their projects, and setting time plans for the implementation of projects.
Those are in the sectors of infrastructure, logistics, port management, food industries, pharmaceuticals, traditional energy, renewable energy, e-payment, digital financial and information solutions.
There are many investment opportunities available in the Egyptian market, which is a main gateway to the African and European markets, thanks to the trade agreements that Egypt has with these markets.
Minister of Foreign Affairs Sameh Shokry met Monday with President of the European Investment Bank Werner Hoyer within his visit to Luxembourg.
Minister of Foreign Affairs Sameh Shokry was received early on Monday by his Luxembourgish counterpart Jean Asselborn.
Consultant to the Prime Minister for Economic Affairs Gihane Saleh stated Wednesday in a phone-in that the government targets to attract LE40-billion worth of investments over four years.
Prime Minister Mostafa Madbouli attended Tuesday the signing of a quadrilateral memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) located Eastern Port Said.
Prime Minister Mostafa Madbouli stated Monday that the "State Ownership Document," which will be launched soon, consists of eight areas, and is composed of just 20 pages.
This review shows indicators of Egypt’s economic growth rates before and after the Russian war on Ukraine.
Prime Minister Mostafa Madbouli attended Wednesday the signing of the MoU between the General Authority for Free Zones and Investment (GAFI) and Sumitomo Egypt.
Chairman of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab held a series of meetings in Qatar Monday to discuss new projects as well as existing ones.
This came during a meeting with the Egyptian Prime Minister, Mostafa Madbouli, on Wednesday, June 1, with Emirati businessman Omar Abdullah Al-Futtaim, CEO of the Al-Futtaim Group.