Egypt, UAE establish joint investment platform of $20bn
Partnership during Al-Sisi’s two-day visit to UAE
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Egyptian tycoon Abou El Enein plans to invest EGP 3.5bn over next three years
He added that increasing the private sector’s involvement in the Egyptian economy is very important, explaining that this can be stimulated through providing investment incentives.
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During his speech at the conference, he added that there are some mistakes that Egypt has to avoid such as terminating the economic reforms, stating that Egypt has begun its economic reforms in the 70s and stopped after the 1977 bread riots.
Egypt, UAE set up a $20bn investment partnership during Al-Sisi’s visit to Abu Dhabi
Partnership launched between Egypt’s Sovereign Wealth Fund “THARAA” and Abu Dhabi Development Holding Company
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Egypt’s exports to hike 20% by year-end: Trade Minister
About 36% of Egypt’s imports are production inputs, says Nassar