investment
Prime Minister Mostafa Madbouli asserted the great interest attached by the State to supporting investment projects in various sectors in partnership with the private sector; with a view to boosting development, attracting further investments and offering more investment opportunities in the coming stage.
These remarks were made by the minister during his meeting with Saudi Ambassador in Cairo Osama Ahmed bin Al Naqli on Monday.
During her meeting with Omani Trade and Industry Minister Qais bin Mohammed Al Yousef via video conference, Gamea discussed ways of boosting trade, industrial and investment cooperation between the two countries.
Executive Director of the International Monetary Fund Mahmoud Mohieldin praised the presidential development initiative “Haya Karima,” saying “it will open up endless job opportunities.”
The Information Technology Industry Development Agency (ITIDA) has organized its annual Employment Fair, through which 40 global and local ICT companies have brought job opportunities closer to young Egyptian talents and fresh graduates.
The Planning and Economic Development Ministry announced on Saturday that the general investments directed to the Red Sea governorate in the 2021-22 fiscal year reach EGP 4.2 billion.
That was attributed to efforts exerted by the ministry to outline development indices in a financing equation meant to pinpoint required investments in each governorate separately, according to him.
The platform aims to shed light on the vision of the National Training Academy (NTA) regarding courses that are designed to build cadres and leaders.
These opportunities will be in the governorates of South Sinai, the Red Sea, Ismailia, Kafr El-Sheikh, Assiut and Minya.
Shaker referred to the efforts made by the electricity sector to support the transmission network on various efforts; To improve the efficiency of the network and reduce losses to be able to transfer sustainable electric energy from all production sources to all customers, in accordance with international standards through institutional work that adopts the economic operation of production stations, quality policies, optimal use of resources and assets, and preservation of the environment.
President Sisi and the Spanish prime minister agreed to form a joint ministerial committee that would convene periodically.
The minister participated Monday in the sixth Regional Forum of the Union for the Mediterranean (UfC) and the third European Union-Southern Neighborhood Ministerial Meeting.
GAFI chairman highlighted three sectors of cooperation interest.
Egypt is being represented by the General Authority for Free Zones and Investments (GAFI).
A report by the IDSC said that many investment opportunities are up for grabs by foreign investors, who will also benefit from incentives offered by Egypt.
The company added that the third-party logistics business will be spun off to Ramp Logistics, which is 99 percent owned by AIM.
The minister gave an overview of ongoing projects.
President Abdel Fatah al-Sisi received his Romanian counterpart Klaus Iohannis Wednesday in Al Itihadiyah presidential palace.
She explained that the sector is expected to grow during 2020-2024, as this growth will be primarily driven by active partnerships between the public and private sectors and the expansion of green buildings to increase energy efficiency and advanced infrastructure.
The group's strategy at the present time includes investing the proceeds of the capital increase to support the activities of the group's subsidiaries.
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